How to make TP (Take Profit) a variable (based on an indicator) ?

[mndiarra]

Hi,

I am trying to implement a manual trading strategy based on the Keltner channel, but somehow it does not work as I would like it to work.
As you may know, the Keltner channel has 3 lines (upper, middle and bottom). So, I would like to do something like if I go long at the bottom line, I would like my TP (Take Profit) to be at the upper line. But as you know the Keltner channel is an oscillator indicator, therefore the TP at the entry point may not be the same TP later on when the market reaches the upper line. This is really easy when following the market visually but automating it does not seem to work because the TP is getting fixed to the TP at my entry point. I've already tried out Custom (price fraction) as my TP but this is fixed to the entry point value, and not the current one. Could you help me in automating this ?

Thanks

[l'andorrà]

I used the BB indicator as an example, but you will get the idea:

[mndiarra]

@l-andorrà Thx, I guess the block you shared is under the "on Trade" tab, right ?

[l'andorrà]

Correct.

[mndiarra]

Thank you.