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Direct MessagesDate/Time: Sat, 20 Apr 2024 13:08:37 +0000
Post From: trailing stop offset
| [2014-01-06 14:16:40] |
| cross - Posts: 70 |
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I just love this platform! :D Feature doc page ( http://www.sierrachart.com/index.php?l=doc/doc_AttachedOrders.html#StudyControlledTargetsStops ) may need to mention that "On Bar Close" and "Every N Seconds" differ in that - "On Bar Close" gets the referenced indicator's value for one bar in the past (eg. second parabolic below or the last fixed value of an MA) - but "Every N Seconds" gets indi value for the currently updating bar (eg. the recent parabolic or the continously updating end of an MA). Just for the clarity. An idea.. only move stop/target - if the new stop is closer to the price than the current (eg. stop has been manually adjusted) - if the new stop is on the right side of the trade - possibly, make it optional to close the trade if the stop/target moves to the wrong side of the trade Eg. in a long position the parabolic changes side above the price - some trading service deny/allow to move the sell stop above the price which would result in an immediate close of the position - yet the strategy - - may wanna keep with the last parabolic level below the price - - or may wish to close the position in this case (optional setting) Warning.. eg. parabolic may still be above the price when a long initiated and with an optional close on side-change would close the just opened position. I have no idea how to avoid this.. or just leave this option off the table and trail only on the good side of the price. Just my two cents. Thanks Date Time Of Last Edit: 2014-01-06 15:53:06
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