Systematically controlling take profit

[[Deleted]]

As the price hits various defined targets I would like to close out x number of lots but only want this to occur one time at each level.

i.e.

Open buy position

Price rises 30 pips above open

-- Close one lot

price then continues up to 60 PIPS above open

-- Close one lot

Then trade with a trailing stop until stopped out

-- Close remaining lots

My problem is that I only want each of these to occur "ONE" time. Meaning, if the price rises 30 above open and we sell off 1 lot I don't want it to sell another lot if it goes below 30 and then back up above 30 again.

Can someone assist / offer a suggestion on how I can control this?

Thanks,

Bob

[braderek]

This should do what you want.

PowerSwing System For Long term trading.

mtp1.3 on post 2