Topic: calculate and move the TP and SL as automated
I have a question. My strategy is that, a buy or sell position is opened by the 2 moving averages crossing (12 & 32). If the market moves in the opposite direction, another position will be open in the direction of the previous position. A kind of grid and martingale. The SL is for example 500 points and the TP is for example 50 points. Now the question. whether it is possible to calculate and move the TP and SL as automated based on the average prices of the opened positions to new locations?
In the other word, are there any indicators or new ways in FSB software that it could to do this function?