Support Board
Date/Time: Mon, 10 Feb 2025 15:20:52 +0000
Post From: Trailing buy stops/sell stops
| [2020-08-19 12:28:46] |
| User420253 - Posts: 4 |
|
I am trying to create trailing buy stops/sell stops which I am using on Thinkorswim in SC. I cannot seem to get the chase limit order to work as intended. Ex: Simple moving average. I want to buy when price crosses the SMA with a trailing buy of say 4 ticks. That means if price dives straight through the simple moving average by 8 ticks and then bounces back above the SMA, I would have triggered a buy 4 ticks below. Same applies if opposite (price is below SMA, and I want to short it with a trailing sell). Is this doable? |