Dear all, I am facing trouble with an afl that I created.The condition for buy is stoch below a value and for exit is is RSI above a specified value.
But once buy is executed in a scrip, I do not want the next candle to generate a buy signal even if it satisfies the buy condition. I want no more buy signals in the same scrip till the position is covered.
Also once sell is executed, the next few candles may still show sell because the conditions for sell are satisfied.(ie, RSI above 55,say)..
How do I get through this problem?Can anyone help me?Thanks..
But once buy is executed in a scrip, I do not want the next candle to generate a buy signal even if it satisfies the buy condition. I want no more buy signals in the same scrip till the position is covered.
Also once sell is executed, the next few candles may still show sell because the conditions for sell are satisfied.(ie, RSI above 55,say)..
How do I get through this problem?Can anyone help me?Thanks..