Is it possible to:
1) Build 'indicator' strategy and enter/exit
a) "on bar close" when price closes above/below indicator of choice
b) "if touched"
2) If yes, once the Profit target or Stop loss are met, resubmit LMT/MKT orders following same rules?
Here is a picture of what I mean. This is an LRC & RSI band. Both free in your indicator forums. Both do work and allow orders to be manually attached.
Now, if all this IS possible, how do I get around the error window that we see in the picture? The error window is telling me I can't have opposite buy/sell orders attached to the indicator? When I have the resting orders you see on the bottom, if I attempt to enter LMT or MKT sell orders, I receive the error.
All I can gather is that when I attach the order to an indicator, the order is then classified as a strategy (?maybe?) and simply the rules say I can't go against it? I don't know...
I look forward to your reply.
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