Profitable Closes SX
From MultiCharts
Definition
Profitable Closes SX (Short Exit) exits at the next bar's open when NumProfitCloses number of bars has closed with a profit (determined as the close being less than the entry price).
Usage
Short exit based on the number of profitable closes.
Default Inputs
NumProfitCloses - number of profitable closes required to exit.
Note: Use Profitable Closes LX for exiting a long position.