Metastock Stop Loss System

#1
Hi,

I am trying to implement Stop loss exit strategy in a trading system using Metastock.

Whenever there is a buy signal ,I have a formula for exit also.

Now in between a buy and a Sell signal I may have an unfavourable drawdown which i want to minimise by exiting the trade with a stop loss.

Now the problem in this is that although I am Stopped out becoz of my stop loss Trigger ,Since the Buy Signal is still Valid and Live .. The System again takes a buy signal and travels down the whole drawdown period..

thus my point of using stop loss becomes redundant..

Can Anyone please help me in sorting out this problem .. ie ho stop system from taking another buy position
 

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