Topic: Close / Exit condition as Trailing SL
it does not matter my entry rules for opening a trade ...
How to Open a Trade with a Stop Loss on a Long Trade with:
- SL = Body Close of Bar 1?
How to do a training SL?
My rules are:
-1. described in Q1.
-2. Wait until entry reached EMA 50 and move SL to =0 (reduce risk),
-3. If EMA goes up, take SL up, if EMA goes down let SL in place
Did you have any idea how to setup this idea?