There are many different classifications of exits other than your initial stop loss. These include exits that produce a loss but reduce your initial risk, exits that maximize profits, and exits that keep you from giving back too much money, and psychological exits.
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Candle - 3 Crows & Soldiers & CCI

System for: MetaStock

Views: 1878

Added: January 26, 2007

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Tags: MetaStock, system

Code:

Candle - 3 Crows & Soldiers & CCI

EL:
(Fml("Candle - 3 White Soldiers")=1) AND (CCI(11)<-50)

CL:
((CCI(1)<80) AND (Ref(CCI(11),-1)>80)) OR
((CCI(11)<-80) AND Ref(CCI(11)>-80,-1))

ES:
(Fml("Candle - 3 Black Crows")=-1) AND (CCI(11)>50)

CS:
((CCI(11)>-80) AND (Ref(CCI(11),-1)<-80)) OR
((CCI(11)<80) AND Ref(CCI(11)>80,-1))

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