Hi,
I'm looking for a tool to help me take market entries quickly with a pre-defined risk. Does anybody know of a tool which would do this (preferably a free one lol!)?
-I put a line on the chart to mark a price. The line denotes my SL price.
-There needs to be an 'enter trade button'. When clicked, if price is above the line, enter a buy, if price is below the line, enter a sell.
-x% of the account account balance will be risked on the trade. I can change the value of x.
-TP is a multiple of SL, which I can change.
-If possible, I would also like a move to break even feature, where SL moves to the entry price when a certain multiple of the SL is hit.
Thanks for reading, and for any help offered.
I'm looking for a tool to help me take market entries quickly with a pre-defined risk. Does anybody know of a tool which would do this (preferably a free one lol!)?
-I put a line on the chart to mark a price. The line denotes my SL price.
-There needs to be an 'enter trade button'. When clicked, if price is above the line, enter a buy, if price is below the line, enter a sell.
-x% of the account account balance will be risked on the trade. I can change the value of x.
-TP is a multiple of SL, which I can change.
-If possible, I would also like a move to break even feature, where SL moves to the entry price when a certain multiple of the SL is hit.
Thanks for reading, and for any help offered.