Support Board
Date/Time: Wed, 27 Nov 2024 21:48:13 +0000
Post From: Modifying An Existing Stop Order to a New Trailing Stop Order
| [2021-04-07 15:28:37] |
| User476926 - Posts: 56 |
|
Yes you can do this, it is one of the essential features I use. You just have to define your regular trailing stop distances, for sake of example let's say 6 Ticks and 12 Ticks (or a moving average line). Add to Control Bar two custom buttons: Customize Control Bar > Advanced Custom Study Button > ACS 1 and ACS2 Label one button "6T" and label the other "12T" Under studies in chart window, you then need to add: "Trade Management by Study" - twice (one for 6T and one for 12T). "Current Price Line" study. In Trade Management by Study select: Order type: Stops Controlling Subgraph: this is your "Current Price Line" study Trailing offset (Ticks): 6 ACS Control Bar button: 1 (this links to button 6T) Only modify stops in one direction: Yes Order adjustment timing: select either N seconds or close of bar Repeat for second Trade Management by Study but use: Trailing offset (Ticks): 12 ACS Control Bar button: 2 You need to have the chart window that includes Trade Management by Study selected, but you can now "single click" on either of your 2 control bar buttons and it will update the fixed stop to either 6 or 12 ticks behind Current Price. This will then continue to trail and update based on your selection in Trade Management of either N seconds or on bar close. |