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Hi there!!!
I'm trying to build a trade system with the following rules:
1. present bar closes above the previous high.
2. place buy order at $0,01 above the high of the bar that gave the signal (1).
3. place stop loss at $ 0,01 below the low of the bar that gave the signal (1).
4. adjust stop loss at $ 0,01 below the low of the new bar that closes above the high of the previous bar.
Can someone help me with the formulas?
Thanks.
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