I'm recently working on an automated strategy that involves using super trend indicators (attached). I have difficulties adding my stop loss. I have 2 types of entry, 1stEntryLong, and 2ndEntryLong.
For 1stEntryLong:
1) Stop loss to be set at the swing low.
2) Once the low and high of the candle is above the entry price, move the stop loss to 1 tick in profit.
3) If the next supertrend green line goes above the 1 tick stop loss profit, the stop loss follows the supertrend line.
For 2ndEntryLong
1) Set stop loss as the green supertrend line.
2) Stop loss adjusts to follow the green supertrend line. So it will be constantly changing following the supertrend.
Can this be done using the strategy builder? If we need to unlock the code, can you assist in showing me how this will be coded?
I have attached the strategy that I have created so far using the Strategy Builder. Appreciate the help.
Comment