Can someone point me in the correct direction for what I want to do here please?
I want to trade via Chart Trader.....I have already set several ATM strategies for varying stop losses only (I have 10 individual strategies set, all for stop losses between 5 and 14 pips).
All good so far.
Via Chart Trader, I can set a Stop Order to buy above a candle for a long trade, and below a candle for a short trade. With the ATM strategy, I can work out the position size as stop goes 1 pip below (long) or above (short) the relevant candle, and I work out the position size between the stop and the order, and apply the relevant stop loss/ATM strategy.
Once a stop order is filled, I want to be able to take 50% profit on the position size at a certain level,which is variable depending on my other indicators and not on price level.
1) How do I do this from Chart Trader?
My other question is regarding the position size for every trade I do. I want it to be a percentage of my account size per trade, ie 0.5%.
2) Can I automatically set a 0.5% position size for every trade?
3) and if I can, do the 10 ATM strategies I have, automatically adjust, or would I have to re-do them?
Thank you.
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