ORB strategy - breakeven stop
auto-trades ORB breakouts and moves your stop to breakeven when price hits a configurable profit trigger.
information
ORB strategy - breakeven stop|edgeful.com
what it does
this strategy adds a breakeven stop feature to the standard ORB strategy. when price moves a specified percentage toward the TP, the SL automatically moves to breakeven (or a configurable level above/below entry).
the move-stop feature helps lock in profits during favorable moves while still allowing the trade room to reach the full profit target. settings can be customized for each day of the week.
key features
move stop to breakeven functionality
configurable trigger level (% of distance to TP)
configurable stop target (0% = breakeven)
day-of-week specific move stop settings
all standard ORB strategy features
explainer chart
ORB strategy - breakeven stop|edgeful.com
