Moring all.
I'm having trouble with setting up a condition(s) where IF 50p profit has been made, it can then bank it (Hedge all runner). Once 50p has been made, the conditions would somewhat write (similar to a trailing stop is the best example I can compare it to).
Once 50p has been profited on all runners, you are then able to fire again up until you reach a profit of 75p, while also setting a stop of 25p less than your profit from 50p..
- So to make a 25p profit, I'd set up a loss trigger for once it hit this target, with then a 0p trigger for the loss.
- Once 50p it would then set a stop loss up to 25p
- Once 75p the stop loss would be then set to 50p
- etc etc.
Also to go with this, I'd need to set up a similar code but for the losses too, in some form.
I'm aware I cannot run bot independent from one another, So I think things could get a bit tricky at first. However in essence, all I'm really looking to create is separate code with mimics a trailing stop.
Would anyone be able to help steer me into the right direction with this on how I could write the code in the conditions please?