I need my stop loss orders to follow my trend line. As of now they only follow the trend line in one direction.
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I need my stop-loss orders to follow my trend line (horizontal line on chart) wherever I place my trend line.
The stop-loss orders will move up when I move the trend line up, but the stop-loss orders won't move back when I move the trend line back. Any thoughts?
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@dan-2 Hi,
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@ambrogio Thank you for your thoughts, however, when I have an individual trade on I am able to move my stops forward and backward.
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@dan-2 nevermind, forget what i said
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@dan-2 the trailing stop don't allow move back, try in this way: when price is > or < your trend line ===> close trade
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@ambrogio Good thought. I'll try that. But I can't seem to find "current price" anywhere in the condition block.
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@dan-2 in the condition block search for"market properties', you can find "ask" and "bid"