Handle position when price struggle at levels.

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01/02/2025 at 12:42 PM #242064 quote

sparvovic
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Hey guys. How do you manage your strategies when they are in a position and price struggle to break a level? Let it run, close, move stop closer etc.

So far ive only used a ranged exit if price ranges for x bars between x price.

Would be interesting to hear other solutions.

01/02/2025 at 11:40 PM #242093 quote
JS
Participant

Master
Hi,
It depends on whether you have enough confidence in your system. Personally, I trust my system, even in these kinds of situations, but of course, that depends on the performance of your system. I don’t use a “stop loss” or “target profit” myself, but in this situation, it could make sense to adjust your “stop loss.”

Other options could be:
- Moving your “stop loss” to “break-even.”
- Incorporating a rule in your system to automatically close these kinds of “zombie trades” after a certain period (time limit).
- Using additional indicators, such as “momentum” or “volume.”
- Switching to another strategy, such as “swing” or “mean reversion,” when the market is in a range.
Iván González thanked this post
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Handle position when price struggle at levels.

ProOrder: Automated Strategies & Backtesting

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sparvovic @sparvovic Participant

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Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/02/2025
Status:	Active
Attachments:	No files

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