I am currently using an ATM that was setup using the Custom Strategy Parameters window. I trade the ES (e-mini) futures.
When my Limit Order is executed, both a Target and a Stop Order is initiated. My Target is 8 ticks away from the Entry Price, and my Stop Loss is 10 ticks away.
I would like my system to automatically reposition my Stop Loss to 2 ticks of profit when the ES price is 4 or more ticks profitable. As the market price continues to move in a profitable direction, I would like the Stop Loss to trail the price by 2 ticks until my Target is reached or the price turns and hits my Stop Loss.
Can this be done in the Custom Strategy Parameters window, or will I need to code a Strategy? If the latter, is there sample code that I can use to code this?
Thanks for your help,
Ron
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