Post Message : OmniTrader Professional Forum : Trade Plans In Strategies

You are currently browsing as a guest.
You should logon to access more features

A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.

You are replying to message # 31803
Username :
Subject :
Message :	[QUOTE]Originally written by 291234 on 1/6/2022 11:56 AM [blue]Here is the new trade plan you posted, which is a multi-step, so that's good. My answer is the same though... A trade plan can only have one step active at a time though, & once it moves to another step, then all the stops in the prior step are no longer active. In this example, if Step 2's Fixed Profit is triggered, it cancels the other stops in Step 2, then moves to Step 3 & activates Step 3's stops.[/blue] [img=https://www.omnitrader.com/currentclients/proforum/get-attachment.asp?attachmentid=8757][/QUOTE]
Registration req. : Off HTML : On Formatting Codes : On Anon. posting : Off IP visible : Off Attachments: Users, Admin	Notify you whenever this thread is updated? Include signature in this post?

Replying to message 31803

^ Top

Barry Cohen

Idol

Posts: 2276

Joined: 1/1/1900

User Profile

Subject : RE: Layered TRailing Stop PLan
Posted : 1/6/2022 11:56 AM
Post #31803 - In reply to #31802

Here is the new trade plan you posted, which is a multi-step, so that's good. My answer is the same though...

A trade plan can only have one step active at a time though, & once it moves to another step, then all the stops in the prior step are no longer active.

In this example, if Step 2's Fixed Profit is triggered, it cancels the other stops in Step 2, then moves to Step 3 & activates Step 3's stops.

Attached file : StpTesting2.jpg (186KB - 441 downloads)

For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.