Stop and Limit

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Stop and Limit


Stop and Limit Strategy



This strategy places an entry limit buy order, if the close price of the last candle is lower than the close price of the previous one. When the order is executed (a position is opened), a stop and a limit are set on the opened position.

The entry limit distance, stop and limit in pips can be defined in the settings before running the strategy:



If the close price of the last candle is lower than the close price of the previous one, an entry limit buy order is placed:



When the order is executed, a stop and a limit are set on the opened position:





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