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BarsSinceExit Question

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Los Angleles, CA
Trading Experience: Intermediate
Platform: Multicharts
Favorite Futures: Forex
Posts: 7 since Nov 2011
Thanks: 18 given, 2 received

BarsSinceExit Question

I don't understand how to use BarsSinceExit correctly.

For example when I use the expression:

1. if marketposition= 0 and BarsSinceExit (1) >= 0 then begin //works as intended

2. if marketposition= 0 and BarsSinceExit (1) >= 1 then begin //does not work as intended

Basically, I don't want my strategy to open and close positions on the same bar.

I want to limit entry and/or exit signals in this strategy to once per bar.

I checked the user manual and power language keyword reference but did not see anything obvious that would explain
why the strategy works using example #1 yet does not open new positions using example #2.
Would be great if someone could point me in the right direction.


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