Could you please help me understand how to setup a trailing stop within an ATM Strategy?
I have a chart which is printing a new Renko bar every 10 ticks. The plan is to use a 15 tick stop when the opening order is filled (assume at open of new bar) and then each time a new Renko bar prints the stop is bumped to 15 ticks behind the opening price of the new bar. This pattern should continue as new bars in the profitable direction are formed.
Hopefully this makes sense.
Thanks in advance,
David.
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