After I buy a stock, I would like to use "10 day lowest price" (2 weeks lowest price) minus specified amount as a stop loss.
My Risk(R) = Purchase Price - (Purchase Price - (10 day lowest price - a few cents) and
my Target Price (2R) = Purchase Price + (2 * (Purchase Price - 10 day lowest price)
Please help me with automatically plotting a price level line for "Stop Loss = (10 day lowest price - a few cents) on the chart and also, a price level line for the target price.
Thank you.
My Risk(R) = Purchase Price - (Purchase Price - (10 day lowest price - a few cents) and
my Target Price (2R) = Purchase Price + (2 * (Purchase Price - 10 day lowest price)
Please help me with automatically plotting a price level line for "Stop Loss = (10 day lowest price - a few cents) on the chart and also, a price level line for the target price.
Thank you.
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