TOS label for averaging up or down?

trading4life

New member
Im looking for a way to tell me, like i take a position, say i buy at 10.00 and my stop risking X amount is 9.89 and my target is 10.11
lets say it blows through 10.05 and im like i want to add more size but risk the same X amount or know where to move my stop at that same X amount risk. So is there anything out there that can help with this? Thanks guy!
 
Solution
Search “confirmation candles” scroll down and you will see a few variations that include stops and targets… I’m not sure many people will recommend averaging down rather work on your entry/exit plan.
Search “confirmation candles” scroll down and you will see a few variations that include stops and targets… I’m not sure many people will recommend averaging down rather work on your entry/exit plan.
 
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