drawtext for setstop

[jvasto]

This is actually a question for the formula wizard form but no one there seems to respond to things

I have developed a EFS that sets a stop based on certain criteria being met using the formula wizard. It works fine when Backtesting but my question is how can I visually see when I'm stopped out on a chart? I see my Buy/Sell alerts but I don't know how to alert when stopped out using the formula wizard? Anyone know what I mean?

Jim

[eSignal_JasonK]

Hello Jim,

Please post your code or attach a copy of your formula here so I can take a look.

Thanks,

[jvasto]

setstop alert

Ok it's attached,

thanks in advance

[dloomis]

I might be missing something here, but are you entering a Long order at te open of the next bar and a stop at the same price?

function onAction1() {
if (vLastAlert != 1) drawTextRelative(0, low(), "BUY", Color.RGB(0,0,0), Color.RGB(0,255,0), Text.FRAME, "Arial", 8);
if (vLastAlert != 1) Strategy.doLong("", Strategy.MARKET, Strategy.NEXTBAR, Strategy.DEFAULT, 0);
if (vLastAlert != 1) Strategy.setStop(open());
if (vLastAlert != 1) debugPrintln(open());
vLastAlert = 1;

this code, along with the back tester, seems to say that is what is going on

[jvasto]

your right

Looks like your right, I want to set a stop at the low of the last bar OR 1/4 point below the entry price for longs (high for shorts), whichever is less, can that be done? and if so can I be notified with an alert that says "STOPPED" when reached, much like the buy/short cover/sell alerts programmed?

Thanks

also, while I have the wish list going, how can set values to not trade before 10:00 each day and to close all positions after 15:50?