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MA as a STOP???

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  • MA as a STOP???

    Hi, VERY new to this forum and EFS.

    Does anyone know if it is possible, once you are in a trade, to set your stop to the MovingAverage of the previous bar. Constantly updating as the stock moves??

  • #2
    MannyGags
    Yes it is possible. You can find a basic example written with the Formula Wizard in this thread. If you search the forums using stop AND limit as the keywords you should find several other examples.
    Also see the Guide to Developing EFS Strategies which contains specific examples for setting stops
    If you are unfamiliar with programming in efs then you may want to spend some time reading through the Tutorials and Help Guides available in the EFS KnowledgeBase. If you would like to learn more about JavaScript, which is the basis for EFS, then you may want to view the Core JavaScript Video Series.
    Alex

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    • #3
      Thank you, very useful. I see I have along way to go to understanding how to really use this system.

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