Dear ClickAlgo Support Team,
I am interested in implementing the following trading strategy using your products:
I plan to trade a position, for example, one lot on Forex, with predefined profit targets:
- First profit target: 1:1 risk/reward.
- Second profit target: 2:1 risk/reward.
- Third profit target: Follows the trend for as long as possible.
The strategy should work as follows:
Upon reaching 80% of the first profit target, the entire stop-loss should automatically move to break-even.
Upon reaching the first profit target, an automatic trailing stop-loss should be triggered.
Upon reaching the second profit target, the trailing stop-loss should be applied to the remaining third of the position, following the trend to maximize profit.
Could you please recommend which of your products can accommodate this strategy, or how they can be combined to achieve these requirements? If any of these details are unclear, I would be happy to provide further clarification.
Thank you in advance for your response and recommendations.
Best regards,
Ondřej Holan
