DislikedThe idea is starting to clear up. One more thing and I will have it down. If the bar you're using for your above activities (SL on Buy, new sell stop, and SL on new sell stop) is not followed by a reversal bar immediately what happens? and if not followed within two bars with one, also what happens?
Thanks to both of you and Kristo for your pateince with us novices.Ignored
If not followed within those 2 bars, you look for a new setup bar.
This also means you remove the sell stop order;
The SL on the long returns to its original location (where the long started), unless covered by the "50% rule".
I strongly advise you to take another look at the rules on the first post, it can clear your doubts.