Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 12/11/2010(UTC)
Posts: 2
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Hello,
i am a new user and i have one question. I am creating my System in Metastock and i need to know how to ignore the buy signal when i have opened position.
Which formula can I use?
Thank you in advance for your help.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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In the "System Editor" General tab - will the position limit box at the bottom work for
what you want to do?
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 12/11/2010(UTC)
Posts: 2
|
I know, I checked this box (limit number of simultaneous positions to 1), but don't know how to make one thing.
My system opens positions when there is some signal (e.g. on 12-28-2010) and i would like to set a take profi level (= opening price + e.g. 100). But i don't know how to download and remember last opening price in the system.
Buy order:
C>(Ref(C,-1))
Sell order:
ww:=(C>(Ref(C,-1)));
ee:=If(ww, Ref(O, +1),PREVIOUS);
r:=100;
tt:=If(ww,ee+r,PREVIOUS);
tt<H AND tt>L
But sell order limit moves up when i have on open position and when the system generate new singnal "buy order"
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