Stop loss (Price + Operators + Indicators)

Hi Mark,

 

From what I’ve seen the stop loss level in SQ3 can either be a fixed amount or based on ATR.

 

Will SQ4 be able to generate stop loss levels based on complex rules, like the exit rule does in SQ3, and use built in and custom indicator values?

 

This would be very useful feature to have.

 

For example it might base the stop loss price on some multiple of a daily pivot or one of the price bands on a Keltner channel…

 

Regards,

 

Mike

Same would apply to Take Profit Price by the way – Option to use Price + Operators + Indicators

yes, SQ4 will be much more flexible,stop losses will be defined also like you described.

 

It will even allow you (or anobody) to add new exit rule with a little bit of programming.