i would like the strategy on the ie. MNQ to
-set an initial stop loss of $200 at order entry
- if the trade produces $400 of unrealized profit, i want the strategy to move the stop to break even or to my entry point.
- if profit reaches $800 of unrealized profit i want the stop moved up another $200.
- from there, for every $100 increase in unrealized profit i want the stop loss to step up another $100.
i only want the stops to incrementally rise in $100 increments and keep a spread of $200 between the unrealized profit and the trailing stop. please advise if this can be done either in the "strategy builder" or with "code". i would prefer the strategy builder if possible.
-set an initial stop loss of $200 at order entry
- if the trade produces $400 of unrealized profit, i want the strategy to move the stop to break even or to my entry point.
- if profit reaches $800 of unrealized profit i want the stop moved up another $200.
- from there, for every $100 increase in unrealized profit i want the stop loss to step up another $100.
i only want the stops to incrementally rise in $100 increments and keep a spread of $200 between the unrealized profit and the trailing stop. please advise if this can be done either in the "strategy builder" or with "code". i would prefer the strategy builder if possible.
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