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Quick Stop Loss to Entry (Breakeven)

I've asked support and this is not currently available so was hoping it could be implemented.

My trading style using LTF can sometimes mean I'm catching fast moves to TP1 and then out at entry. I use a multiple TP strategy to maximise profit if the move should breakout further.

However, the problem I face is that moving my SL to entry to breakeven after TP1 can sometimes cause a loss as I'm not fast enough to move it manually.

It would be great if the strategy was updated so that an option was added to allow upon hitting TP1 (using the Multiple SL &TP strategy) the SL would move to breakeven. This would allow for a true set and forget trade strategy.

Failing this a hotkey to shift your SL to entry instantly would also help greatly improve the speed of making this change.

Thanks,

Charles

Status: Completed15 comments

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Comments15

  • Gregor

    •

    Aug 31, 2023

    I wrote about this too and put a detailed strategy suggestion in as the system is not reliable as it is so i totally agree with this and it could have a lot better logic.
    https://feedback.atas.net/submissions/64ebe6384f9cf39e6fa2805f

  • Yasar

    •

    Oct 4, 2023

    +1 on this

    and another suggestion: maybe we could get a button where the SL can be moved to BE+x by clicking. Please see link to Quantower and screenshot as reference.

    Ideally, the button would be customizable so the "+x"-portion can be set by the user.

    https://www.quantower.com/sites/default/files/articles/inline-images/breakeven.gif

  • Andreas Lang

    •

    Oct 24, 2023

    Please also add an option to choose how many ticks the SL will be placed above the entry, so that commissions are already accounted for (Entry +1 Ticks / Entry +3 Ticks, etc.).

    MNQ requires 3 Ticks to truly be Break Even.

    That would be premium. Thank you

  • Anonymous User

    •

    Sep 4, 2023

    good idea

  • Robert Andrei Dan

    •

    Sep 27, 2023

    +1

  • Anonymous User

    •

    Dec 10, 2023

    Und wenn der Kurs den TP2 erreicht wird, das der SL auf TP1 automatisch nachgezogen wird wenn gewünscht

  • Anonymous User

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    Mar 23, 2024

    would appreciate very much!

  • Anonymous User

    •

    Apr 12, 2024

    Iv also asked for this on multiple occasions, to have the option of hotkey that would place a stop order for any outstanding open position to break even would be excellent

  • Anonymous User

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    Apr 25, 2024

    Hoping that a triggered trail stop can be added with this the trail stop won't kick in until so many ticks in profit and then trail from that point x number of ticks.

  • Mario

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    Sep 28, 2024

    this would be great, I wrote yesterday to ATAS to implement this BE hotkey, as it is really important for those who do scalping strategies, so let’s hope ATAS does this, as it is not difficult at all