donho
09-11-2010, 07:34 PM
setup is 2 contracts 1 profit target =8 ticks other 16 ticks with stop loss at 12 ticks. a stop strategy is set at profit trigger = 8 ticks plus = 1 tick. This set up should move the stop to entry + 1 tick when 1st profit target is reached. This works most of the time but I noticed that when doing a rerun that if the 1st target level is touched by the price bar but the contract is not sold/bought the stop is moved anyway. This is not what I expected as now you have 1 stop of 12 ticks and 1 at entry +1 tick. Is this the way it is supposed to work?
I did find a work around by setting the profit trigger to 9 ticks thus being sure that the target is sold/bought. This does however move the stop 1 tick later than desired.
Don
I did find a work around by setting the profit trigger to 9 ticks thus being sure that the target is sold/bought. This does however move the stop 1 tick later than desired.
Don