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Date/Time: Sat, 23 Nov 2024 15:05:15 +0000



Post From: Move stop to breakeven and then trail two remaining 2 targets

[2024-08-21 22:02:26]
DODSurf - Posts: 9
Hello,
I searched the KB, read the articles, as well as support chats but unfortunately I still need help.

Objective:
Enter 6 contracts on limit with
An attached 5 tick Stop Loss that converts to a trailing stop
Have 3 attached targets at 8, 16 and 24 ticks away

Example:
If Stop Loss is hit, cancel all 3 targets
If 1st target is hit, move the Stop Loss to breakeven
Then, trail the stop 4 ticks behind price
So, if enter at 100, price moves to 108, first target is hit and move the stop to 100
Then, price moves to 116, stop is now trailing by 4 ticks and is at 112
Price hits 120, one runner remains with stop at 116
Stop continues to trail until last target is hit

I really tried to get this setup but cant figure out if I need 2 separate stops, I am missing the conversion from breakeven stop to trailing stop, or?

Thank you
Date Time Of Last Edit: 2024-08-22 20:17:14