This screen is part of the Vole Bot package.
When it acts
The rule reads your strategy’s signal on the candle that has just closed, on every candle while a trade is open. It works the same for a long and for a short.- It is the last exit checked. The bot first runs your other exit rules for the candle: take profit, stops, and the optional rules in Exit Rules. Only if none of them closed the trade does this rule look at the signal.
- One neutral candle is enough. There is nothing to confirm and no minimum number of candles.
- If the strategy’s signal cannot be worked out for a candle, this rule cannot run on that candle. Your stops and other exit rules still run as usual.
Settings
This rule has no settings. You switch it on or off with its tick box.Worked example
The signals below are made up to show how the rule works. They are not real signals. You hold a long. Your strategy reports a signal for each closed candle.
If candle 4 had shown a short signal instead, this rule would not have closed the trade. A short signal is a reverse signal, and it is handled by Close on Reverse Signal.
One neutral candle closes the trade. Made-up signals.
Good to know
- Check how your strategy reports its signal before you switch this rule on. Some strategies report a signal only on the candle where something changes, and neutral on the others. With a strategy like that, this rule would close a trade on the first candle that shows neutral.
- It only reads closed candles. A signal that is still forming does not count.
- The closed trade shows the reason Trend Flip.
- It only closes trades. It never opens one and never moves your stop.