How can I link a stop limit order to a moving average?
I'm using the strategy wizard and so far it doesn't seem to be giving me the information I need. Stop limit orders consist of two prices, the stop price, which triggers the order, and the limit price, or maximum I'm willing to pay.
Well for my stop, I set it to be based on the 50DMA
However for the limit price, I would like it to be equal to the 50DMA + $0.05 - how do I do this?
Mr Roboto
I'm using the strategy wizard and so far it doesn't seem to be giving me the information I need. Stop limit orders consist of two prices, the stop price, which triggers the order, and the limit price, or maximum I'm willing to pay.
Well for my stop, I set it to be based on the 50DMA
However for the limit price, I would like it to be equal to the 50DMA + $0.05 - how do I do this?
Mr Roboto
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