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Date/Time: Sun, 22 Dec 2024 05:39:40 +0000



Post From: Move to Breakeven > Question regarding Trigger Offset

[2015-03-27 13:37:18]
User51760 - Posts: 108
Dear Support Team,

I am wondering how the following configuration could be achieved:

We are working with a Reward/Risk ratio of 2 (meaning expected reward is always twice the risk).
On ordering we are using a preconfigured OCO Stop Limit Order with fixed Offset and an attached Move To Breakeven for Stop functionality. Under different market condition we would like to be able to adjust stop and target manually accordingly - and we would like the Move To Breakeven Trigger Offset to adjust accordingly matching Risk 1 > Trigger Offset 1 automatically.
For an illustration please refer to the attached screenshot.

Is a configuration like described possible through either
1. the standard offset function in Trade Window > Targets,
2. Spreadsheet Systems, Alerts and Automated Trading, or
3. ACSIL study?

Maybe any .dll or preconfigured study already exists?

Thank you very much for your input,

Best,

Chris
imageBracket Stop Limit Breakeven Risk Reward_Sierra.png / V - Attached On 2015-03-27 13:36:49 UTC - Size: 52.91 KB - 357 views