- Accounts & Connection Management
- Data Management & Analysis
- Price Monitoring
- Charting
- Trading
- Scanners
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Builders
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Manual Strategy Builder
- Main Concept
- Operand Component
- Algo Elements
-
Use Cases
- How to create a condition on something crossing something
- How to create an indicator based on another indicator
- How to calculate a stop loss based on indicator
- How to submit stop order based on calculated price
- How to calculate a current bar price using a price type from inputs
- How to Use a Closed Bar Price
- Automatic Strategy Builder
-
Manual Strategy Builder
- Autotrading
- FinScript
- Trade Analysis
- Media Feeds
- Logs & Notifications
- UI & UX
Copy Stop Loss
If checked it will copy Stop Loss from provider to subscriber. If not checked, Stop Loss is ignored and not sent to the subscriber's account.
Hide Stop Loss
If checked it will hide Stop Loss from the broker. Basically they are just stored locally or in a memory and if price gets there, they are executed as a market order instead. If not checked, Stop Loss is sent normally.
Use New Custom Stop Loss
Value is in points. If the field is empty, the original Stop Loss is sent to the subscriber's account. If the field has some points value, it will set Stop Loss to this new level.
Adjust Stop Loss for Subscriber's Price
This will compare prices on provider and subscriber accounts and if the price is off by a certain amount of points it will add or deduct this amount of points from Stop Loss and place Stop Loss on the subscriber's account on adjusted level.
Adjust Stop Loss by Points
Similar as above, here the user however inputs the value – points value – can be positive or negative and Stop Loss that is placed on the subscriber's account will be adjusted exactly by this value.
Copy Trades with Stop Loss Between Range
It will copy only those trades that have a certain Stop Loss. In the first input field the user enters "From" and in the second he inputs the value for "To". So it will only copy trades that have Stop Loss for example between 40 – 60 points.
Don’t Copy Trades with Stop Loss Between Range
Same as above, just opposite action – it will not copy those trades that are in a certain range.
Add Minimum Broker Stop Loss level to Stop Loss
Some brokers have minimum stop levels meaning you can't place Stop Loss below it. So this parameter will find out what that level is and it will add this level to Stop Loss size and place new Stop Loss on new level (original Stop Loss + minimum Stop Loss level)
Deduct Minimum Broker Stop Loss level from Stop Loss
Some brokers have minimum stop levels meaning you can't place Stop Loss below it. So this parameter will find out what that level is and it will deduct this level from Stop Loss size and place new Stop Loss on new level (original Stop Loss - minimum Stop Loss level)
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Opposite is valid for Take Profit
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- Accounts & Connection Management
- Data Management & Analysis
- Price Monitoring
- Charting
- Trading
- Scanners
-
Builders
-
Manual Strategy Builder
- Main Concept
- Operand Component
- Algo Elements
-
Use Cases
- How to create a condition on something crossing something
- How to create an indicator based on another indicator
- How to calculate a stop loss based on indicator
- How to submit stop order based on calculated price
- How to calculate a current bar price using a price type from inputs
- How to Use a Closed Bar Price
- Automatic Strategy Builder
-
Manual Strategy Builder
- Autotrading
- FinScript
- Trade Analysis
- Media Feeds
- Logs & Notifications
- UI & UX