I would love it if the move stop can keep moving as the trade goes my way. That way it can lock in even better profits. Say for every 1% i’m up move the stop another 1%.
Is there any reason this cannot be done?
Does the trailing stop loss do anything different from what you have described?
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No, The move stop loss is designed to move the stop into the green once you get there. If I could turn on move stop and trailing stop that might do it, but it wont let you.
Yes, but isn’t there also already an option that moves the stop loss to break-even? And in case of multiple take profit levels also up to the last DCA level?