EMA stop- fixed!

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    LoveTheCode!
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    Junior

    Hey guys, I’m a little new here so sorry if this question has been covered previously or in the manual but I haven’t seen it! Will share my strategy when it’s complete…

    – I’m looking to buy a trending market, when it pulls back to the 10 EMA, and set my stop at the 20 EMA. This is a fixed stop rather than trailing. How can I set my stop in this way? (I.e. define stop distance as equal to the distance to 20 EMA?)

    -second, how do I set my £risk (in other words £/point ) in order to risk the same amount for every trade (bearing in mind the stop distance will vary – per my first point)?

    – finally: how can I set my profit target as a percentage of the stop distance, for example 2 x stop

    Thanks a million in advance- I will look to share my strategy when it’s up and running

    Thanks, Tom

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EMA stop- fixed!


ProOrder: Automated Strategies & Backtesting

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 04/08/2018
Status: Active
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