I want a trade to execute when the market price is equal to or greater than a certain distance from the take profit. The "pips away from take profit" box has only absolute values; it doesn't allow "equal to or greater than." Does this mean the box will run ONLY when the distance is EXACTLY the distance specified in the box? For example, if I put "100" in the box, will the trade execute only when the market price is exactly 100 pips greater than the take profit? If so, what other box could I use to achieve the result I'm seeking? Thank you.

Can you please explain the "Reset the stop on new trade" option in the Trailing Stop box?

Perfect. Thank you.

I recognize what I have in the diagram is incorrect, but let's ignore that for now. I'm interested to know which blocks to use for the simplest of algorithms:

1. If no trade is currently running, BUY with a trailing stop loss.
2. When the stop loss is triggered, automatically SELL with a permanent (non-trailing) stop loss.

As simple as this is, I can't seem to assemble right blocks. Thank you.

Thank you, that helps, but I'm still not clear on exactly which boxes to use to cause one trade to be executed immediately after one trade closes. In particular, I need need a sell trade placed immediately upon the close of a long position (as a result of the long position having reached its stop loss). Thanks again for your assistance.

Not sure I understand. I want the "Buy now" (Block 4) to be executed with its own trailing stop after the previous "Buy now" (Block 2) has closed (by execution of its own trailing stop). What do I need to add to this diagram to make it work? Thanks!

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How do I activate a buy order with a trailing stop immediately after a previous trade has closed (by reaching its own trailing stop)?