Bars Active

Abbreviation: BarsActive
Category: Trading Strategy: Position Information
Input Parameters:

Name Range Default
Trading Strategy
# Postions Ago Int >= 0 0

 
Calculation:

For the current position (# positions ago = 0), the is the number of bars since the entry signal. For previous positions (# positions ago >= 1), the is the number of bars between the entry signal and when the exit order was filled.

 
Discussion:

This indicator is useful for creating custom trading strategy exit conditions based upon the number of active bars in the current position or previous positions.
 

Was this article helpful?

Related Articles