Safety orders: Wizards

It’s great that we are able to see our configured safety orders in the chart and that there are custom safety orders. But what about wizards that automatically calculate the custom safety order levels and order sizes based on the following input:

  • Minimum take profit T
  • Maximum required change X to break even/take profit before a safety order
  • Minimum required change M to break even/take profit after a safety order

This way we could get safety order levels where we know that e.g. the price can only be at maximum 10 % away from taking profit at max before a safety order and 5 % after a safety order.

There could be other wizards for e.g. geometrical spacing and Fibonacci levels as I have show it on my homepage.