giulio_boschi
07 Dec 2020, 15:10

RE:

PanagiotisCharalampous said:

Hi giulio_boschim

My reply remains the same. SL levels in cTrader does not change.

Best Regards,

Panagiotis 

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So that means that as the total exposure changes by Scaling in and Scaling out of trades, the price level of the stop loss remains the same (which is actually what I want), but what about the size of the stop loss? Can I choose that it auto-changes to match the current exposure (which evolves as I execute more orders)?

Thanks

giulio_boschi
07 Dec 2020, 11:10

RE:

PanagiotisCharalampous said:

Hi giulio_boschim

However, I want to know if the auto stop loss functionality which adjusts automatically (its not me manually changing the size of the stop loss as the position size i have in the instrument also changes with scaling in and scaling out orders, it is done automatically by the system) is already included into cTrader.

To be honest, I did not understand any auto adjustment functionality described in your requirements. What you described is that you don't want the SL to change each time a position is modified, which is what happens in cTrader.

Best Regards,

Panagiotis 

Join us on Telegram

I hoped I had been clear enough.

Basically the functionality I need is a stop loss that opens whenever my exposure changes from "flat" to either"Long" or "Short". Because I scale into trades and scale out of trades my total position size changes and I want that the stop loss price remains the same as the original price based on the first order that established the position(when my exposure changed from "flat" to either"long" or "short") but that the size of the stop loss auto-adjust to the total exposure (which is a result of multiple orders executed by Scaling in and Scaling out).

In my previous messages there is an example with actual numbers.

I hope I have been able to clear doubts.

Thanks a lot for the support.

giulio_boschi
07 Dec 2020, 10:27

RE:

PanagiotisCharalampous said:

Hi giulio_boschim

The features you described are supported by cTrader. You can modify the position's volume as well as drag orders on the chart.

Best Regards,

Panagiotis 

Join us on Telegram

Dear Panagiotis, thanks for the support. So basically I can modify and drag pending orders directly on the chart. Good.

However, I want to know if the auto stop loss functionality which adjusts automatically (its not me manually changing the size of the stop loss as the position size i have in the instrument also changes with scaling in and scaling out orders, it is done automatically by the system) is already included into cTrader.

Thank you for the support,

Kind regards.