[magjson]

Hi Trading friends

How can I stop Tradestation from taking a new position directly when Stoploss/trailstop has been hit. I don´t wont to use crosses over function.

Thanks for your help.

Best regards
Magnus





inputs: FastMovAvg(12), SlowMovAvg(26), Stoploss (2), trailstop (2);
Vars: Mashort ( 0 ), Malong (0);
Mashort=Average(close, FastMovAvg);
Malong=Average(close, SlowMovAvg);


If Mashort > Malong then
buy next bar at market;



if MarketPosition <> 0 then begin
Setstopcontract;
SetStopLoss(Stoploss*Bigp ointvalue);
Setdollartrailing(trailst op*Bigpointvalue);
End;

[statsign]

really not enough info magjson


easiest way if trading intrabar- a boolean coupled with a stop loss formula instead of using SetStopLoss

If oktotrade and Mashort > Malong then buy next bar at market;


if C <= entryprice - Stoploss then begin
sell next bar market;
oktotrade = false;
end;

not enough info because you have to have logic to reset oktotrade