Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Reversing a Position on Breakout or Breakdown

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Reversing a Position on Breakout or Breakdown

    Say you are short 1 contract close to the top of a tick chart pattern (and your buy stop is 6 ticks above the current price) and you suspect a breakoutsay 3 ticks above the current price may occur and you want a seperate resting order to get you reversed when that price is hit. What is the best way (simple) to do this in the Dome? And...should your stop on the short position be moved to at or below the desired breakout price before placing the second buy strategy?

    Thanks!



    #2
    imported post

    You can simply enable Reverse at Stop by clicking the RS label on the left side of the dom when a strategy is active. It does not matter which order you do this in, before or after moving the original stop.
    RayNinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by funk10101, Today, 09:43 PM
    0 responses
    6 views
    0 likes
    Last Post funk10101  
    Started by pkefal, 04-11-2024, 07:39 AM
    11 responses
    37 views
    0 likes
    Last Post jeronymite  
    Started by bill2023, Yesterday, 08:51 AM
    8 responses
    44 views
    0 likes
    Last Post bill2023  
    Started by yertle, Today, 08:38 AM
    6 responses
    26 views
    0 likes
    Last Post ryjoga
    by ryjoga
     
    Started by algospoke, Yesterday, 06:40 PM
    2 responses
    24 views
    0 likes
    Last Post algospoke  
    Working...
    X