Boolean variable for Stops

[slam15vincanity]

I'm trying to program a new formula that will automatically enter and exit trades with stop losses implemented. How would I make it so I could know if I have reached the stop or not? For example, if there was such a function as the following:

If (StopReached() )
...

Something like the above is what I need. I need to know at the particular instant if the Stop has been reached or not. How would I do this?

[gspiker]

If this is for RT alerts, just calculate your own stop and use the Alert.<whatever> or similar to announce that a stop should be taken.

If this is for some other purpose, please explain further and maybe we can help.

G