Description: Same as Scale Out with 2 targets, with automated modification of the Stop Loss; Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced, and if you so choose, it is moved to the break-even point.
Parameters: Profit Target 1, Profit Target 2 and Stop Loss are defined in points.
Figure 4.7: Two possible scenarios of execution of Scale Out with two targets and break-even
To the Table of Contents || To the previous page || To the next page
© 2001-2005 Strategyrunner.com. All rights reserved. |
