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Date/Time: Wed, 15 Jan 2025 19:00:44 +0000



Post From: Trading: Bid/Ask Quantity Triggered Stop Order

[2017-08-21 16:50:27]
User104854 - Posts: 457
I've been using this study (which is great by the way). I think it was primarily designed to enter trades but I have been using it primarily to exit trades. I have 2 questions:

1) Would there be a way to have an option for this to automatically cancel once a target is hit or the position goes flat? Currently if I'm in a position and I have this set as a stop and my target is hit it does not cancel this study like it does with an attached order. If I am away from my desk I will still have a live stop order out there. It would be great to have a feature to cancel this once an active position goes flat.

2) I would also like to use this as a trailing stop. I use the Trade Mgmt by Study with attached orders to do this currently. Is there a way to trail using the Triggered Stop Order study? Ideally I would like to trail it 2 ticks in front of my attached stop order.

Thank you.