Hello Guys,
I am wondering if there exists a simple price "trailing" stop strategy tool on the forum? I have searched but with no luck.
What I am looking for is where one can set the strategy to move the stop loss to break even or more pips if one whish when price has moved into for example 20 pips profit. Like if my stop loss is 25 pips I set it to move 25 pips when price moves to 20 pips in profit. Meaning that the strategy would not continue to move/trail when profit hits 40 pips if one chooses it not to.
Thanks,
Laurus12