Profitable Closes SX

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.