Once a position is live, I want the system to automatically control my Trailing Stop. Yes, ATM does this now, but it determines when the Trailing Stop is triggered by the Entry Price; not the Breakeven Price (which, btw, are both the same for the first entry).
The problem occurs when a second (or third) position is placed while the first is still active. To properly manage a Trailing Stop, the ATM should use the Breakeven Price (not the Entry Price).
I've worked with support using all types of combinations before it was determined that ATM will not perform as I need.
My suggestion is that a checkbox be added to ATM that will use the Breakeven Price. This would solve the problem.
BTW, I have also looked into using a coded ATM Strategy, but this requires automatically entering a trade before it can manage the position. I've been told by support that there is no way to have an ATM Strategy simply manage a manual entry (the entry must be automated by the code). Hence, NT8 currently has no solution.
Thanks,
Ron
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