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Help with Setting up Limit and Stops

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    Help with Setting up Limit and Stops

    I'm trying to write my stops into the ATM box but am struggling.

    Let's say for instance I want to have a fixed Limit (Profit Target) of +6.
    Stop Loss however I want to start at -6 but move it up. Let's say when I am in +4 points profit I want to break even. Then once I am at +6 profit (my limit although I might not get filled at as it could be the top/bottom) I want to move my breakeven point to +2.

    All orders will be OCO.

    Cheers.

    #2
    Hello Zhorny,

    Please setup the following stop strategies to accomplish your setup.

    Auto Breakeven
    Profit trigger: 4
    Plus: 0

    AutoTrail
    Stop loss: 4
    Frequency: 999999
    Profit trigger: 6

    Comment


      #3
      Thanks.
      What does the "Frequency" mean?

      Comment


        #4
        For each additional 999999 ticks in profit, the stop loss will be re-adjusted to 4 ticks behind the market. I set it that high since you want to modify the stop loss only once.

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