How to determine Entry Price
Moderator: Chris White
How to determine Entry Price
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.
Re: How to determine Entry Price
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.
SIM_2_20EMA_UPSIDEBREAKOUT
Hope this helps,
Ed S.
Re: How to determine Entry Price
Do a search for Dev Stop in the forum! Another is PSAR