Here is a scenario I'm trying to achieve with the ATM, and I'm not able to:
Upon order entry:
set profit target to 14 ticks
set stop loss to 18 ticks
Once the ticks are above 14, start trailing with the same 14/18 settings BUT never go below 14 of profit.
Essentially if the trade has gotten above 14, and is now at 15, 16, 17, for example, but goes back to 14 -- exit for a 14 ticks profit.
As it goes higher -- trail. When it reaches 28 ticks for example -- that should be the next stop, so if goes back down to 14 -- fine, exit at 14, but if it now reached 30 and went back to 28 -- exit at 28.
I tried to play with the Auto Trigger and with the Steps -- but I'm not able to achieve this. The behavior I'm seeing is that if it reaches 14 and goes higher, and then reverses -- it will still go back down and not stop at 14.
THANK YOU
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