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Date/Time: Sat, 18 May 2024 05:24:21 +0000



Post From: How NOT to automatically change the stop and profit based on entry

[2021-01-23 17:26:48]
Sawtooth - Posts: 4000
Use of the Trade Management by Study study assumes you are using Attached Orders.
My suggestion also assumes the stop and target prices can be determined with a formula.
So if the stop/target gets moved when you enter, this study will move them to their original price.

You would need two instances of the Trade Management by Study study on each chart, one for the stop and one for the target.
This study will move a stop or target to the price of the referenced subgraph.
That subgraph can be a spreadsheet column where the formula returns the price of the stop/target, using spreadsheet formula syntax.
The subgraphs can also be from two instances of the Spreadsheet Formula study, one for the stop and one for the target, using Simple Alert formula syntax.

This is workaround solution that I thought might be helpful.