Add % option for all exit strategies, instead of just having ticks

It does not make sense to just have ticks as currently if your someone who is trying to maintain risk management, then it means you have to edit the exit strategy before every trade as price changes, the number of ticks required to maintain same level of stop loss or take profit will change also, as the lower the price goes the lower ticks required to maintain SL/TP and vice versa,  and it is time consuming and can lead to missing of trade or compromising your trade plan/risk management if you don't manage to make the adjustments in time, which is likely the case during high volatility, specially if you are scalping. The more logical option is to add a % option as well, e.g 1% stop loss, 2% take profit, 0.12% break even, so it stays the same regardless of market price. 


It would also be helpful to add % for quantity so if you are compounding your trades, you don't need to go to settings and change your quantity after every trade, and you can set it based on % of account size x leverage.


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Upvoters
Status

Completed

Board

💡 Feature Request

Date

Over 2 years ago

Author

An Anonymous User

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