help with code on entry day only

["Barry Silberman" <barry@xxxxxxxxxxxxxxxxxxxxx>]

Could someone help by telling me if it's possible to code exits on ENTRY DAY
that use entryprice?

The following code doesn't seem to work.  I want to exit on the ENTRY DAY if
either:
    A)  price drops by 5% of entryprice.
    B)  price rises by 2% above entryprice.

Any help would be appreciated.

Barry

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{A - Stop Loss on Date of Entry Only equal to 5% below entry price}

If MarketPosition = 0  Then Exitlong ("Entry-low")  next Bar .95 *
entryprice stop;


{B - Exit at profit on Date of Entry Only equal to 2% above entry price}

If MarketPosition = 0  Then Exitlong ("Day1")  next Bar 1.02* entryprice
stop;