[amibroker] Suite of Exits

["Barry Seeger" <bseeger@xxxxxxxxxxxxxxxx>]

I want to have several ways of exiting forex trades. This code is not giving me an error signal, but it’s not working as intended either:

 

Sell = ApplyStop(1,2,target,True,2) OR ApplyStop(0,2,stoploss,True,2) OR ApplyStop(3,1,8) OR Cross(psar, C);

Cover = ApplyStop(1,2,target,True,2) OR ApplyStop(0,2,stoploss,True,2) OR ApplyStop(3,1,8) OR Cross(C, psar);

 

I intend a trade to exit when either it reaches a target or initial stop or n bars or Close below a parabolic stop.

I would be grateful for any advice on what I’m doing wrong, and how to correct it, thanks.

 

 

 

 

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