Using Stop loss or custom EL code to reverse with extras
Posted: Mar 30 2010
Hi.
I'd like to go a little further with the basic Stop Loss Signal.
As of now it stops out my futures contracts and then it will wait for another signal to enter a position again.
I'd like to be able to:
1. upon stop @ set amount reverse and double the position.
2. set a new stop loss for this position.
3. set a new profit target for this position.
can anyone tell me how to do this within the Stop Loss signal, or would i need to code a completely different signal?
Cheers.
I'd like to go a little further with the basic Stop Loss Signal.
As of now it stops out my futures contracts and then it will wait for another signal to enter a position again.
I'd like to be able to:
1. upon stop @ set amount reverse and double the position.
2. set a new stop loss for this position.
3. set a new profit target for this position.
can anyone tell me how to do this within the Stop Loss signal, or would i need to code a completely different signal?
Cheers.