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I’m currently designing my own trading system, and I’m having some difficulty implementing multiple stop losses.
Both stop losses are being displayed on the screen, when I only want the first Stop that is activated to be displayed while the second one never appears.
I know I could use a Latch to get this working, but was wondering if it’s possible to get this working without a latch.
My Stop Loss Formula is:
Fml("!Fixed Stop Loss & Profit Take Long")=-1
OR
Fml("!Timed Exit Signal Long")=1
As mentioned above, my Expert advisor is displaying both Exit signals when I only want the 1st to be activated, displayed.
Any help would be greatly appreciated.
Thanks in Adcance.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 5/13/2005(UTC)
Posts: 715
Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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Assuming your "Stop Loss Formula" code above defines the Expert Symbol, try this:
(
Fml("!Fixed Stop Loss & Profit Take Long")=-1
and
Fml("!Timed Exit Signal Long")<>1
)
or
(
Fml("!Timed Exit Signal Long")=1
and
Fml("!Fixed Stop Loss & Profit Take Long")<>-1
)
FWIW, your use of "1" and "-1" is a bit confusing -- if you're going to use "-1" for SHORT and "+1" for LONG, it doesn't seem consistent...
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