Line Cross Strategy

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Re: Line Cross Strategy

Postby spinemaligna » Thu Oct 22, 2020 5:56 am


Thanks for the prompt reply.
I would like to be able to draw a trend line and when price comes down to it (for a buy position) and retraces to a parallel line a set number of pips above it to open a position on either a cross or close above. The ability to add a stop order at or below a set number of pips below the original line and a risk %age of usable margin calculated position size is also required.
For example if using a pitchfork as a guide in a buy situation the first trendline would be the slope of the bottom median, the second line would be a set distance from the bottom median and the stop would be a set distance below the bottom median. To absolutely gild the lily a predetermined take profit line, again parallel to the slope would be fantastic.
Having written this down I expect it will need a new strategy so could you take this as an official request.

Many thanks
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Re: Line Cross Strategy

Postby Apprentice » Fri Oct 23, 2020 6:05 am

Your request is added to the development list.
Development reference 2215.
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