How to determine Entry Price

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Lynnk
Posts: 2
Joined: Mon Jul 31, 2017 11:52 am

How to determine Entry Price

Post by Lynnk »

I am trying to determine the entry price for a moving average crossover indicator on an index. From that information I want to create a" stop" based upon the entry price. I found some metastock code which does this for a Chandeleir stop, but I have been unable to make it work. I can determine the entry price, but can not "remember it" to later create an exit stop. I want to use this code as part of a broader exit system. It would be nice to just have an Entry Price command, but I can't find one if it exists.
nibor200
Posts: 63
Joined: Wed Oct 22, 2014 11:03 am

Re: How to determine Entry Price

Post by nibor200 »

I suggest you review the script for the latest template that was provided for the 2/20 method. Chris develops an entry price stop and an exit price stop in his script entitled
SIM_2_20EMA_UPSIDEBREAKOUT

Hope this helps,
Ed S.
Lynnk
Posts: 2
Joined: Mon Jul 31, 2017 11:52 am

Re: How to determine Entry Price

Post by Lynnk »

Thanks Ed
henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Re: How to determine Entry Price

Post by henry1224 »

Do a search for Dev Stop in the forum! Another is PSAR
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