Could someone tell me how the Stop Loss can be raised over the TRADEPRICE?
Let’s imagine initially that we are in a bull market, we have bought some shares and that we have placed a Stop Loss with the order:
SET STOP LOSS D1
being D1 the distance from the TRADEPRICE to where you want to place the Stop Loss level. Obviously, this Stop Loss now is below the TRADEPRICE.
Let´s suppose now an ideal situation in which the price moves up and moves up and moves up, … and we want to raise the Stop Loss OVER THE TRADEPRICE, with some kind of condition.
How can I do it? I am not able to work properly with negative numbers in the variable D1
Thanks in advance