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Date/Time: Sun, 19 May 2024 02:02:20 +0000

Post From: Can a Position Manager (Time based stop) be coded as an indicator or?? REVISED Question

[2016-12-05 03:45:05] Link To Thread - Link To Post [Go To First Post]
Mike_S - Posts: 42
I was wondering if it is possible to code an indicator or other to manage my stop and/or target after entry... After entry, if in profit after 3 bars, lock in 1 tick (move stop to break even + 1 tick). If at a loss after 3 bars move target to +1 tick. If my stop is moved/changed, my original stop should be canceled. If my target was moved/changed, my original target should be canceled. *In short, If in profit by the 3rd bar lock profit, if at a loss by the 3rd bar, new target of 1 tick.* I'm REALLY hoping this is possible. Thanks Date Time Of Last Edit: 2016-12-05 17:12:27