Time based stop-loss or take-profit
Created at 27 Aug 2018, 08:56
Time based stop-loss or take-profit
27 Aug 2018, 08:56
This implementation would be to take profits or losses after a specified time, i.e. a hard stop after specified minutes, hours, or days.
This can be applied in conjunction with a regular stop loss and take profit, so if the market is not moving, then after a period of time the time-stop will take place so that you may move in, especially in a static market.
cTrader
@zahedm70