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I am currently using Multicharts.Net special free edition with an AMP futures account so I cannot post questions in official Multicharts forum. Please forgive me if my questions are too basic for you.
I have checked forum postings and Multicharts manuals but I cannot find any information about how exit strategies are triggered in Multicharts. Can anyone provide something, either the information I want, or the links where I can find my answers?
Is it possible for the entry strategy (or signal) specify what exit strategy to trigger? I want to do this if possible because I have different conditions to trigger different exit strategy.
Thanks a lot.
Can you help answer these questions from other members on NexusFi?
I think I made a mistake and I need to rephrase my question.
Actually what I want is to trigger two different entry strategies according to the different conditions. What I want to do is below.
1. If the current candle is too large, wait for the break of the high of the current bar in next bar, and then place a buy limit order.
2. If the current candle is small, place a buy stop order 1 tick above the high of the current bar after the close of the current bar.
The problem to put the two conditions into a single entry strategy is that to use buy stop entry order, you need to disable the trigger of the order inside a bar. The order can be placed only after the current bar is closed. However, in the second scenario, you have to place the order when the bar is not closed yet.
What do I need to do? I need to write two entry signals?
