I want a stop loss created where I can choose where the stop loss moves after a certain amount of pips that I decide.
For Example If I have a trade with a Risk to Reward Of 1:3 meaning ill make 300 pips and risk 100 pips.
I want to be able to set the dynamic stop loss to lets say once I reach 200 pips in profit then I want the stop loss to only move 100 pips making it break even. And Not 1:1 like the normal stoploss which means It would move 200 pips up.
I want to be able to choose at which point the stop loss moves and how much it moves. So at 100 pips move 50 pips up to break even and I also want a setting to maybe have the stop loss only move once.
So for example if I say after 100 pips move the stop loss up 50 pips I want the option to chose don't move again if it moves another 100 pips stay where you after you move once or maybe sometimes I can say continue to move as you would a normal stoploss every 100 pips move up 50 pips.
So again I want a modifiable trailing stop loss. Where I can choose how much the stop loss moves, so that it doesn't have to be equal to how far the market moves in my favor.
Responded
Arbitration
117
32%
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42%
Arbitration
156
22%
/
43%
Arbitration
145
17%
/
41%
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