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    17 Sep 2019

    Classic Moving Average Crossover Strategy - Auto Close Position

    28 days ago
    #405
    Hello,
    From the product page: https://clickalgo.com/ctrader-moving-average-crossover-strategy

    The says: "If you set your stop loss and take profit values to zero then the robot will close only when the two MA's cross"

    I would like to trade with an initial stop loss - but without a Take Profit - I would like the robot to close out the trade when the moving averages reverse.

    Is this possible? It sounds like SL and TP must be 0 for me to get the required behaviour....?
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    28 days ago
    #406
    Hi, Cam,

    Yes, that should work.

    Paul
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    28 days ago
    #407
    Hi Paul,
    Sorry your reply is unclear.

    Do you mean it should work if I set a Stop Loss, but keep Take Profit as 0 and the robot will close the position?

    Thanks
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    27 days ago
    #409
    If you set a take profit to zero than you will open a position with no stop loss, so if you set a stop loss to 5 and a take profit to 0, you will have a position with no take profit but a stop loss if 5.

    Most if our trading systems operate this way., I hope I was clear enough.
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