Exit a trade with signal or chartindicator

Dominik Hipp 2022.06.26 07:52

Hi All,

I‘m wondering if there is an easy way to exit a trade using a signal or indicator I have in my charts.

This is default in Ninjatrader.

I bought very good third party tools but would like to exit fully or partially a trade automatically if price reaches the indicator (band for example) or if a signal pops up.

Thanks

Fernando Carreiro 2022.06.26 09:29 #1

Dominik Hipp: I‘m wondering if there is an easy way to exit a trade using a signal or indicator I have in my charts. This is default in Ninjatrader. I bought very good third party tools but would like to exit fully or partially a trade automatically if price reaches the indicator (band for example) or if a signal pops up.

You have to code an EA to do that. Such behaviour is not default in MetaTrader.

Dominik Hipp 2022.06.26 12:52 #2

Fernando Carreiro #:
You have to code an EA to do that. Such behaviour is not default in MetaTrader.

Hi Fernando,

thanks for your reply.

i found a little tool which is doing this:

However you can only use 1 indicator.

So i thought i can use another tool to merge 2 or 3 of them. Like this:

I will test this next week. This could be easy without coding :)

Indicators: Ultra - ATR Edit in the meta Signals : Ask &

Fernando Carreiro 2022.06.26 14:20 #3

Dominik Hipp #: Hi Fernando, thanks for your reply. i found a little tool which is doing this: <Deleted> However you can only use 1 indicator. So i thought i can use another tool to merge 2 or 3 of them. Like this: <Deleted> I will test this next week. This could be easy without coding :)

Don't just copy/paste code onto your post. Please use the "</>" (Alt-S) to add code, otherwise moderators will simply delete it.

Dominik Hipp 2022.06.26 15:02 #4

Fernando Carreiro #:
Don't just copy/paste code onto your post. Please use the "</>" (Alt-S) to add code, otherwise moderators will simply delete it.

interesting. Don't understand why but ok.

Those are the 2 tools i have in mind:

Keith Watford 2022.06.26 15:09 #5

Dominik Hipp #:

interesting. Don't understand why but ok.

Those are the 2 tools i have in mind:

Do not post links to commercial websites.

Fernando Carreiro 2022.06.26 15:10 #6

Dominik Hipp #: interesting. Don't understand why but ok. Those are the 2 tools i have in mind: <Deleted> <Deleted>

It seems you did not use the "</>" icon and the moderators have deleted your code again. It's forum policy because it is difficult to read code otherwise.

EDIT: It seems the reason was something else.

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