New User - Close open trade before offset

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Rclracing
Posts: 12
Joined: Tue Aug 08, 2023 4:54 pm

Good day. I have been lookin to create a rule which would trade out a position if the profit turned. Have had a look at stored values and servants as an option but just started trialling and dont want to try reinvent the wheel. So, for example, I have entered a trade and have an offset in place and trade is moving towards the offset but before reaching it it turns, say 1 or 2 ticks. I want to then close out. Any help would be greatly appreciated. Kind regards Russell
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

The second post on using a 'Trailing Stop' in this topic should help
viewtopic.php?f=47&t=11746
Rclracing
Posts: 12
Joined: Tue Aug 08, 2023 4:54 pm

Thank you for your reply. May I ask what the trigger at and place at means?
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

Rclracing wrote:
Thu Aug 10, 2023 12:50 pm
Thank you for your reply. May I ask what the trigger at and place at means?
It's covered in the link sent with some examples in the screenshots
The first post explains it in more detail but it works exactly the same when using a trailing stop
Rclracing
Posts: 12
Joined: Tue Aug 08, 2023 4:54 pm

Ah, well explained, thank you.
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