Hello, Goal Description: 1) Initial $500 position opened when RSI(2) < 25 2) Add $1000 to position when entry price for #1 is less than current close. (regardless of value for RSI(2)) 3) Add $1500 to position when entry price for #2 is less than current close. (regardless of value for RSI(2)) 4) If all three positions are entered, we would have a total position of $3,000
Two questions / problems: 1) What is the most efficient way to determine if we have a position and if we do, is it the first ($500) or second ($500+$1000=$1500)? 2) If the initial buy is "Buy = RSI(2)", how do we tell AmiBroker that RSI(2) is not longer needed, we just need current close > last position entry price. Thanks for any suggestions. Sincerely, Bill
