Trading assitants, automated stop loss

BillH

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Hi anyone got any experience of TA's that allow the automatic setup of sl & tps. I want to be able to set a trade up with the following sort of parameters
sl at 20 pips, move sl to be at 20 pip gain, move sl to 20 pips at 40 pip gain close order at 60 pip gain, ideally i would like to do this whilst hiding the sl from the broker. I've found a product called artemis sitter but it looks over complicated and puts a lot of clutter on the screen, there must be others but I cant find anyone that has evaluated them?
 
That would be a trailing stop. Depends on the instrument you are using. Some can implement what you want to do, and move a stop loss several times. Others can only move it once.

I would suggest having the sl move to be +10pips or so when your profit reaches 30 pips, then have your tp at 60. That's if it's only a single move trailing stop.
 
well if its any help, my Trading Assistant costs me about (20,000/48) 420 quid a month and she's worth her (very tiny, cute) weight in Gold !!
 
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