Support Board

Date/Time: Wed, 24 Apr 2024 22:39:08 +0000

Post From: Triggerred Stop Order

[2022-05-22 22:26:46] Link To Thread - Link To Post [Go To First Post]
Sawtooth - Posts: 3976
The Triggered Stop only triggers when price moves against you; it is not capable to trigger when price moves in your favor. A workaround would be to use the Trade Management by Study study, where it would reference a price from a formula in the Spreadsheet Formula study, or the Spreadsheet System for Trading study. The TMS study would move an existing distant stop to one closer when triggered by a target price. If using the former, you need to add the Trading: Position Average Price study for the formula to use as a starting point. If using the latter, the Position Average Price is in a spreadsheet cell. The formula could also return a stoploss price, and the TMS study would move the distant stop closer when triggered by price moving against you. Date Time Of Last Edit: 2022-05-23 12:25:37