Profitable Closes LX

Definition

Profitable Closes LX (Long Exit) exits at the next bar's open when NumProfitCloses number of bars has closed with a profit (determined as the close being greater than the entry price).

Usage

Long exit based on the number of profitable closes.

Default Inputs

NumProfitCloses - number of profitable closes required to exit.

Note: Use Profitable Closes SX for exiting a short position.