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Being a stop-and-reverse indicator, it considers every exit to be a new
entry in the opposite direction. I think you need to create your own
Parabolic, using the code provided in TS but initialising it each time the
other part of your system gives an entry signal.
-----Original Message-----
From: Jimmy56@xxxxxxx [mailto:Jimmy56@xxxxxxx]
Sent: 23 April 1999 08:12
To: omega-list@xxxxxxxxxx
Subject: parabolic exits only
I'm trying to use Wilder's parabolic only for trailing exits for both long
and short entries and having trouble doing so. The problem seems to be that
the indicator proactively creates it's own entries. I would like to start
the parabolic in motion only after one of my own entries, which uses
criteria
not based on the parabolic. Does anyone know how to code this?!!
Thanks,
Jim
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