Hi guys, very new to Motivewave. Need some help to set up an exit strategy. Hoping someone can help.
Will give you the scenario and go from there.
I would like to put a trade on with 2 contracts. TP set to 20 ticks, SL set to 40 ticks. When price gets to TP target of 20 ticks, I would like to have 1 contract taken out (leaving 1 contract left) and have the SL moved to break even and offset by 1 tick. Then I want to set what is left as a trailing stop loss of 20 ticks.
Every time I try to set this up and it adds the Trailing SL at position entry.
Any help with this would be greatly appreciated.
Will give you the scenario and go from there.
I would like to put a trade on with 2 contracts. TP set to 20 ticks, SL set to 40 ticks. When price gets to TP target of 20 ticks, I would like to have 1 contract taken out (leaving 1 contract left) and have the SL moved to break even and offset by 1 tick. Then I want to set what is left as a trailing stop loss of 20 ticks.
Every time I try to set this up and it adds the Trailing SL at position entry.
Any help with this would be greatly appreciated.
