I would like to implement trailing stops into my trading. I am a manual / discretionary trader, and I do not wish to write code to do this. I typically enter trades manually on the SuperDOM with ATM strategies. The ATM strategies contain profit targets and stops. I have not defined trailing stops within these ATM strategies yet.
I would like the following:
- To be able to have Ninja apply a trailing stop sometime after the trade has been open, after I have decided that I want to let the trade run, with a trailing stop whose criteria I determine at that time.
- To have a set of predefined stop rules that I can make this selection from on the fly
- For some of these stop rules to be based on indicators (e.g. trail below the 8-EMA on a closing basis, that is, if price closes below the 8-EMA and then ticks below on the next candle, close the trade). ...and to be able to specify the chart/timeframe, based upon which I want the rules to be applied.
- Ideally, I would like to be able to do all of the above for either all of the remaining open position, or for just a part of it.
If it is not possible, then any pointers to other resources that can help me meet my desired outcomes will be greatly appreciated.
Thank you in advance.
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