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I want to make an expert that shows an arrow when I entry into an
operation and another arrow when I exit. The entry condition it is a
formula, but the exit condition it is just a percentage of the entry
price. In example:
Suppose that the buy condition is:
Cross(mov(C,50,S),mov(C,25,S))
But the selling condition is: "the purchase price reaches the goal of
10 % of profit, or the purchase price has a 5 % loses".
I'm not much sure what to do in this case. Are they these conditions
right?
Buy Condition:
If (Cross(mov(C,50,S),mov(C,25,S)),
buyprice:=C,0);
Cross(mov(C,50,S), mov(C,25,S))
Sell Condition
C = buyprice * 1,10 OR C= buyprice *0,95
Some help will be very much appreciated.
Thanks in advance!
Angel
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