Hello. I have been through the ATM videos but don't know if this can be done. Basically I want to implement an ATM that will do three things once I see a potential long setup:
1) Enter long X number of ticks above the intrabar low.
2) If the intrabar low is more than Y ticks below the previous bar's low the order is cancelled.
3) If the order is filled a stop will be trailed 1 tick below the low of each successive bar.
For shorts I would want to implement the opposite
1) Enter short X number of ticks below the intrabar high.
2) If the intrabar high is more than Y ticks above the previous bar's high the order is cancelled.
3) If the order is filled a stop will be trailed 1 tick above the high of each successive bar.
Thanks for your consideration
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1) Enter long X number of ticks above the intrabar low.
2) If the intrabar low is more than Y ticks below the previous bar's low the order is cancelled.
3) If the order is filled a stop will be trailed 1 tick below the low of each successive bar.
For shorts I would want to implement the opposite
1) Enter short X number of ticks below the intrabar high.
2) If the intrabar high is more than Y ticks above the previous bar's high the order is cancelled.
3) If the order is filled a stop will be trailed 1 tick above the high of each successive bar.
Thanks for your consideration
.
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