My question is this; how do I get the stop to 'stick' intra-bar without tying it to the high or low?
I have a progressive stop coded in a study (not a strategy) which I use with a bot for intraday trades. The progression goes from the initial stop then once the close > the first 'tripwire' , the stop then moves to break even and then after close > second tripwire, the stop becomes a traditional trailing stop with a fixed width from the close. Within each bar, the stop slides up and down from initial to breakeven depending on where the close is. After the bar is fully formed, the price stop then 'sticks'. My goal is to have the price stick within the forming bar. Is this possible?
I have a progressive stop coded in a study (not a strategy) which I use with a bot for intraday trades. The progression goes from the initial stop then once the close > the first 'tripwire' , the stop then moves to break even and then after close > second tripwire, the stop becomes a traditional trailing stop with a fixed width from the close. Within each bar, the stop slides up and down from initial to breakeven depending on where the close is. After the bar is fully formed, the price stop then 'sticks'. My goal is to have the price stick within the forming bar. Is this possible?