Stop + Reversal Module
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Last updated
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This module is suitable for traders who want to implement STOP and REVERSAL strategies. Download this module and Drag and Drop this AFL on top of your Strategy in Amibroker.
When closing the position and if there are no existing open positions, the system will execute either a LONG or SHORT order based on the predefined quantity. It will not double the quantity to offset the current position if no open positions exist.
Important Note : Under My Strategies in Algomojo, while creating New Strategy use the Rule : LONG + SHORT (BUY + SELL, SHORT + COVER). If a different Rule is selected, then the trades will not be executed as per your Strategy requirements.