I've drawn a trendline on the attached chart.
On the condition that the price is GREATER than the trendline, I want to place a limit order with my ATM strategy, at a price below the trendline.
Under Actions/Submit an Order/Properties, it asks for "Limit Price" and the default is "1". I do not know what the limit price is going to be at the time it crosses the trendline so how do you make this entry?
What would make sense here is that "Limit Price" is equal to the number of ticks below the trendline. That is what I am looking to do. I want to place a limit order with my ATM strategy at a limit price when the price exceeds the trendline, but I want the limit price to equal, say 5 ticks below the price at the time of the alert (when price exceeds trendline price).
Thanks. Very much appreciate the response.
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