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Open Feature request MC-2404

Modification to a bracketing strategy

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I would like a stop loss option which is similar to the breakeven strategy for the upside. If the price moves against me, I'd like to be able to specify that when it hits either a certain price or number of ticks loss, like with the breakeven, it sells, but on the pullback to a certain price, tick, or percentage loss. So, for instance I can tell it that if I get to a three tick loss, I want it to wait till I get back to a one tick loss and then sell at that price. And if it doesn't bounce, then I want it to place a regular stop loss order at a four tick loss.

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