bullscript for stoploss..

I am not sure if it can be done this way, but would appreciate any help.

Using a tradesim test I use my entry conditions as required which will trigger at an entry price. I wish to use an atr exit based on this entry price.?? This is where my problem lies confused as how to represent this in bullscript.

Under the Stops tab calculating the Initial Stop I try to use::    Entryprice - 2*ATR(10)

and this does not seem to work. Ideas welcome..

etrader

thanks Chartrider, but not exactly what i am after, my explanation not the best.

I was trying to use the entryprice as a reference for my exit if that makes sense. Will try and expand a bit, noting this is entering and exiting on the same daily bar.

I wish to exit at my entryprice (open+0.01) plus 1*ATR(10), and if the high does not reach this figure, my secondary exit will be at the close.

I tried to put these exits into a bullscript exit on the exit tab but does not work for some reason. Further ideas appreciated.

thanks Chart Rider for your magic,

ExitTrigger and EntryTrigger were not recognised for some reason, programming not being in my forte ! I just used "Volume>0" for my Exit Condition, to be able to exit on the same day as my entry.

The Exit Price section was perfect, and was interesting being able to produce different results. Now going one step further produced another challenge for me. I expanded your working exit example to the one below, which is supposed to read an exit of 3% > Open, or the Open + 1*ATR(10) exit, otherwise exit @ close if these conditions are not met. It seems to be valid in Bullscript formula but comes out "invalid exit price data" in Tradesim. Can you see where my problem lays ??

if(H >= O*1.03 or O+(1*atr(10)), O*1.03 or O+(1*atr(10)), C);

thanks again

etrader

much appreciated for the help CR

ET