Hello Traders!
Could you please help me out? For many days I cant stop thinking about trading strategy called key/ lock (don't know how exactly its in English). System is, that you instead of SL, put from previous order opposite pending order and when price reach it, you put your trade in "lock", so whatever side it will go, you will all the time have had that difference between open price and SL (or in this case pending order). To unlock, you have to wait S or R line, close positive order and open other one to right way.
Wanted to ask, have someone use this system and can someone suggest better ways how to use it?
Thx and have a nice trade!
PS: Sorry for my English, if its necessary, i can try explain in other words.
Could you please help me out? For many days I cant stop thinking about trading strategy called key/ lock (don't know how exactly its in English). System is, that you instead of SL, put from previous order opposite pending order and when price reach it, you put your trade in "lock", so whatever side it will go, you will all the time have had that difference between open price and SL (or in this case pending order). To unlock, you have to wait S or R line, close positive order and open other one to right way.
Wanted to ask, have someone use this system and can someone suggest better ways how to use it?
Thx and have a nice trade!
PS: Sorry for my English, if its necessary, i can try explain in other words.
