My question is I guess is what would I have to consider if I wanted to do something like this? If I were to turn a strategy on when a position was already opened would the strategy know to apply the closing rules to what I had open? Would the strategy close the entire opened position or would I have to adjust the size everytime I used it?
Is there anything else I'd need to consider? My plan is to close half the position at 0.382 Fib and then close the other half when the W%R gives a signal on the timeframe 1 higher than the one I used to enter the trade.
So basically I think that it won't recognize a position is open unless I open the position while the bot is running, is there any way around this?