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Date/Time: Mon, 20 May 2024 02:27:03 +0000



Post From: Setting up a more complex trail stop

[2024-04-15 16:52:22]
Andreyanul - Posts: 1
Hey, let's say I enter a long position at a price of 100. The strategy that I use would have the take profit at 107,5 and stop loss at 96,25. Is there a way to make the stop loss jump at 104,5 when the price hits 105,25 and then go up tick by tick as the price does the same but only until the price hits 106 (In this case, the stop loss will be at 105,25.)? So even if the price continues to climb, the stop loss will stay at 105,25, is this possible?
Thank you for your time!