Close on one signal in profit + Close on another signal in loss

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  • updated
  • Planned (collecting votes)

Hi,

Can you add opposite option to: "close on individual signal, in profit" and "close on collective signal, in profit?"

It should help to manage more accurately positions in order to get better results

Thx

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Andrey Khatimlianskyi

It requires Grouping of indicators. So, not so easy to do.

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Andrey Khatimlianskyi
  • Planned (collecting votes)

Right, it requires some improvement. Will try to do

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papa_spoksikov

i think that could work but i supposed i cant do it right now?

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Andrey Khatimlianskyi

You want to use 1 oscillator with `Min profit to close` (to close with profit) and another - with `Max profit to close`?

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papa_spoksikov

Yeah, it is, but it isn't :)

My orginal post is to add close in individual or collective loss option.

The strategy "close in profit on 1 signal + close in loss on another" can be manageable just using another oscillator but i can't do it fully cause of lack of close in loss option :)

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Andrey Khatimlianskyi

It will work as you want if you set Min profit to close = -9999, Max profit to close = -X, where X - is desired loss to close.

And now you mention another strategy - close in profit on 1 signal + close in loss on another.
That's the different feature, isn't it?

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papa_spoksikov

I tried using close on "individual signal in profit" with "max profit" and "min profit" and it didint work. I dont think this option solve my problem.

Let's look at this example:

im opening position and i want to close it by RSI like this:

close in profit (CROSS OUT)
close in loss (CROSS IN)

im trying to implement this in partial close section

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Andrey Khatimlianskyi
  • Completed

I wanted to answer that we can add a Max profit to close parameter. And then I realized that we already have it ;)
https://communitypowerea.com/docs/follow-up#max-profit-to-close-on-signal