How To Add New Exit Conditions

Every time we enter a trade we need a process for closing that trade. An example of an exit condition is a stop-loss or a profit target.

Often we will want alternative ways to close a trade. This might be based on:

  • Time. For example exit after 20 bars.
  • A technical indicator. For example exit if the price closes below the SuperTrend)
  • Price action (exit if we have 2 consecutive closes near the high price).

In the video below I show how you can quickly change the exit conditions in a model.


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