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Originally Posted by ActiveTC
I use a delta-stop indicator on 1 hourly charts for trailling stoploss, it is now at 249.56, so any hourly close above that level, is not a good sign, like this I can still lock in some profits, but I only use the closing candles since it may test 250 and then come back down to close below 249.56.
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U mean the system is auto programed to do that, stop at closing prices only above 249.56 ?
Or U manually interfere once 249.56 is breached & closed above ?