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Hard stop in Chart Trader

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    #16
    You can use a very high frequency to effectively turn the three steps of auto trail into another 'break even' single move. Here is an example where the auto breakeven moves the stop to breakeven after 5 ticks of profit then the auto trail steps move the stop loss closer at 7, 10, and 12 ticks of profit:

    World's leading screen capture + recorder from Snagit + Screencast by Techsmith. Capture, edit and share professional-quality content seamlessly.

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      #17
      Yes, but I was looking to stop the ATM trail after a certain profit and take over the trade manually. I want to go to breakeven, then move then after some ticks auto trail to lock in profit and then not have the ATM trail do anything so I can take over the trade manually (place stop above below candles manually).

      Hope that makes sense.

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        #18
        It may be possible using the method described in post #16 depending on exactly what you're trying to accomplish. For example, have auto trail step 1 be your trail then make step 2 be the 'hard stop'. Here is another example where we utilize breakeven, then have step 1 trail the stop for 4 ticks, then a 'hard stop' at the 10th tick of profit:

        World's leading screen capture + recorder from Snagit + Screencast by Techsmith. Capture, edit and share professional-quality content seamlessly.


        the stop strategy would effectively be disabled and you could manually manage your stop loss without the stop strategy modifying further.

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          #19
          Okay , sounds like it should all do what I need. I will play with it tonight. Thanks!

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