Time Action to Disable PT/SL (including PAs)
D
Denny V
It is quite useful to disable PT/SL for some trades.
While in the BT, there is an option to bump up the PT/SL threshold to unreal levels, this will not work in Automation, especially with Broker Resting PT/SL.
-- Another crucial option --
By disabling PT/SL, the BT and Automation have to disable Profit Actions and Trail SL.
For example, if I have PA for @50%PT adjust SL to 100% --> having TA to disable the global SL, has to disable this PA too.
Another example, if I have PA for @50%PT close 25% allocation --> having TA to disable the global PT, has to disable this PA too.
Final example, if I have PA for @50%PT close 25% allocation and adjust SL to 100% --> having TA to disable the global PT or SL or both, has to disable this PA too.
Then, if I want to re-enable PT/SL (including PAs) --> I can add additional TA with some values for PT/SL.
There are two approximate pictures attached.
It might be good to make the words 'Disable' in red, rather than in white.
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