Xtrader's "OCO Trader Ltd" using BE+1

R

rollsafe

Hi

I have 2 questions.....

Currently XTrader Version 7.4.3.63
Installed Plugin "OCO Trader Ltd" v1.2.3

I have installed the plug in and read the manual.
I need help setting up an order....



1)
I trade 2 lots....
Once I am a trade and I see that I have 10 ticks of Profit
I want to Protect my Trade/Profit. I dont want this trade to turn into a loser.!

I want just 1 Contract to be Sold at my Profit of 10 Ticks !
Let the other one run...
MOve my Stop automatically to Be+1

How do I do this?


2)
I trade 1 contracts....
Once I am a trade and I see that I have 10 or 20 ticks of Profit....
I want to Protect my Trade/Profit. I dont want this trade to turn into a loser.!
So I move my stop ......From Behind my entry price to IN-FRont of my entry. I now have a Breakeven+1 Stop ( BE+1)

I usually move to BE+1 or BE+2
So if the price starts going opposite and now hits my Stop I get 1 or 2 ticks out of the trade !

Is there a way to set up Xtrader to where I just hit a button and it moves my Stop to BE+1 or BE+2 ?



Thanks
 

Attachments

You need a CAR (cancel and replace) order button that is configurable....say convert your initial stop to a trailing stop....or just a "closer" stop as you mentioned.
Best to contact the vendors of the add-on for that.

Thanks for the doc link....very interesting implementation by this vendor.
 
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