Keep %risk fixed when adjusting SL or entry level on a pending order
Posted: Mon Mar 13, 2023 7:01 pm
Hi,
Can we add an option to keep the %risk per trade fixed when adjusting SL or entry level on a pending order?
For context: I adjust my SL or entry level if my pending order does not get filled on the next candle. When I do that the lot size stays constant, which changes my overall risk per trade. I would like to keep the risk per trade constant (which leads to adjusting the lot size). My understanding is that this is not possible yet and I have to cancel the pending order manually and input a new order. Sometimes this goes on for 5 or more candles which slows down my manual backtesting process by a lot.
Can we add an option to keep the %risk per trade fixed when adjusting SL or entry level on a pending order?
For context: I adjust my SL or entry level if my pending order does not get filled on the next candle. When I do that the lot size stays constant, which changes my overall risk per trade. I would like to keep the risk per trade constant (which leads to adjusting the lot size). My understanding is that this is not possible yet and I have to cancel the pending order manually and input a new order. Sometimes this goes on for 5 or more candles which slows down my manual backtesting process by a lot.