Avoiding re-entries

December 10th, 2013, 03:20 PM

Bodil

OK. Thanks!

But is there a way to use limit orders instead of market orders? The spread is so big it eats the profits before you even enters the trade......

Also, if I should use the "larger than" respectively "smaller than" instead of crosses over/under: Is there a way I can avoid re-entries in the same direction on the same entry signal?

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You could still use a limit order but give it a little more room (through testing to find best amount) by saying something like -
Then Buy ("LE-RSI") next bar at open + 2 points limit;

December 10th, 2013, 03:58 PM

Thank you for all your great tips. I will surely go though all this and think about it! I really appreciate this

December 18th, 2013, 07:04 PM

EasyLanguage will also allow you to define the entry as

SellShort ("ShortLimit") next bar open next bar + 2 limit ;

kevinkdog · December 18th, 2013, 08:14 PM

StratOpt

EasyLanguage will also allow you to define the entry as

SellShort ("ShortLimit") next bar open next bar + 2 limit ;

Welcome to futures.io (formerly BMT) Nemo!

December 18th, 2013, 08:31 PM

Thanks KDog. I am liking what I am seeing here thus far. It will take a bit of time to learn my way around. Good to see that you are doing well. Sorry to the OP for diverting off topic a bit here.

Avoiding re-entries

Discussion in EasyLanguage Programming

Avoiding re-entries