Support Board
Date/Time: Wed, 19 Mar 2025 13:02:39 +0000
Post From: Set chasing limit order Xpips away from recent swing high/low
| [2022-10-16 09:36:01] |
| User810899 - Posts: 10 |
|
Hello friends, I am struggling in finding a way to set a chasing limit order 5 pips away from most recent higher high or lower low. Example : Recent higher high is at $100 so I set my buy limit at $95. As long as price stays below or at $100, my limit stays at $95 until it is eventually triggered. If price goes beyond $100, say $102, my limit follows and stays 5 pips away from that new higher high. In that case $97. The goal is to follow until it is triggered. Same for a sell. 5 pips above lower low until triggered Would appreciate any help :) Thanks a lot ! |