However, while you use this, better not avoid to put your stop loss. While aiming for a long position, you can put your stop loss right at the green indicator line. In another case, you can put it at the red indicator line. Using supertrend along with your implementing your stop loss pattern is the best way to earn the best wealth in trading.
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We select stop loss LX and stop loss SX. There are four basic order types available using EasyLanguage-limit orders, stop orders, this bar on close orders, and next bar at market orders.
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Apr 08, 2010 · Volume Based Simulated Stop Loss Orders ... The NinjaTrader TM ATI installs with pre-customized full scale integration with TradeStation's EasyLanguage or eSignal's Formula Script. Simply drop the ...
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Dec 19, 2016 · Hi, i'm trying to code a Stop-Limit order with easylanguage for Tradestation. Unfortunately (!) TS don not provide a built -in stop-limit order to insert in strategies so as reported by tech support (!) one need to "mimic" the order and coding a "synth stop-limit" with Intrabar Order Generation (IOG)
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A trailing stop loss order lets you set a maximum loss you can incur on a trade. A trailing stop loss is a kind of order that is intended to help you lock in profits while protecting you from day trading losses.
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It appears you placed stop loss of 0.15 on a 2 minute chart, which is almost equal to ATR. I usually use ATR x 1.5 on the 2 minute chart (because ATR x 1 is more likely to be hit), or just below last swing low, whichever is greater. ATR x 1.5 was 0.20 so the stop loss would have been 43.61 - 0.2 = 43.41.