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Date/Time: Mon, 25 Nov 2024 18:04:13 +0000



Trade Management using Heikin-Ashi Bars

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[2024-02-21 18:01:54]
TheMatadorTrader - Posts: 21
Good trading to all!

I have set up the Trade Management Indicator to trail my entry to the previous HA candle high/low and it works flawlessly. My question is can the Trade Management indicator be adjusted to allow for # of bars to trail?

For example when the market is trending and to stay in a trade during a minor pullback can I set the manager to trail by 2 or 3 bars instead of just the previous bar?

Thanks in advance!
[2024-02-21 18:43:14]
John - SC Support - Posts: 36257
To do this you would need to use the "Study Subgraph Reference" and use it as the proxy for the actual item you want to reference (e.g. the HA High), then you can use the "Displacement" option in the Subgraph to "move" the value of the bar 2 (or 3) back to the front bar and the "Trade Management by Study" will then be off that value. Refer to the following:
Study Subgraph Reference

Chart Studies: Subgraphs Tab >> Displacement
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