buy stop is buy limit order.Originally Posted by ;Hello Ebenst.
Thank you very much for sharing your system.
I enjoy reading about new ideas for systems and MM even though I am not always planning to trade it.
I feel I can never learn enough. I guess you understand the feeling. . ?
I do not fully comprehend your egy yet but I must admit I have only been studying trough it a couple of times so perhaps I get it if I see it a few more times.
Anyhow I am sure I have the basic idea of it.
But before I spend more time research it there is 1 thing I must ask.
If you doc you talk about TP and S/L. I guess you're discussing TP=Target Point and S/L=Stop Loss, right?And that's exactly what I do not know.
As far as I can see that's the only time you say anything about stop loss (if that is exactly what S/L is)
But why I am overlooking some thing is that I am trading in Oanda (and I always have) so I will not be used to other platforms along with different names for different kind of orders, I am not sure.
For instance Oanda simply have Market Orders, Limit Orders, Stop Loss and Take Profit.
They do not have anything called Buy Cease just to give a example.
So perhaps that may be why I do not fully comprehend your system and I do not see anything more in your doc about Stop Loss.
I hope you can clear this up for me if you have time but no hurry.
Thank you very much beforehand.
Friendly regards
Arctic4x