Wait until opposite position after SL hit

jasonmaynard · **Joined:** Mon Oct 21, 2013 7:46 pm **Posts:** 3

Hello,

I've searched around to see if this has been posted before but didn't find anything. I'm looking to hold on trading ONLY after a SL is hit and Wait until opposite signal is there before new position is opened. Basically if market hits my stop its most likely going to keep going in that direction for a bit. Instead of automatically opening another position, I want it to wait. Can this be done ONLY with a SL?

Thanks!
-Jason

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

No. Includes both TP and SL.
You can use the next trade management feature or build better trading conditions like real cross overs. The user guide explains really well this using the moving average as an example

molanis.com/forum - Tools for MetaTrader : The place to ask about the best expert advisor builder, expert advisor downloads, and expert advisor programming

Wait until opposite position after SL hit