Retracement after stop loss
-
Hello everyone and sorry for my english. I have a problem with a seemingly simple strategy. The steps are these:
- a candle that is the lowestlow of the previous 19
- bear candle that cuts the SMA12
- open a buy next candle of the SMA cut, with a stop loss at the previous lowest low
- if price bring the stop loss, retrace next candle with opening a sell position (with stop loss and take profit still to be defined)
- position trailing stop
The retracement doesn't work !!! I also tried to do a separate cycle / block, but instead of opening only to the candle after the stop loss, it opened a sell all the candles after the SL.
Does anyone have any ideas to help me?
(I haven't use the single condition "price x> = sma12" because many times gave me wrong signals; I still have to place the training stops)
Thank you
-
Sorry... i've posted in "bug", not in "questions"... sorry!
-
it should be on a separate group of blocks, not after the Buy block. But I could not understand when do you want to open that Sell trade... how much time after the Buy trade is closed by SL?
-
I would like to open a sell position exactly when the previous "buy" is closed by the stop loss; in other words, when the price breaks down the level of the previous stop loss.
thanks!!!!
