Section 22 -
Auto Protective Stop | Price
OTS Trader streamlines the placement of precise stop orders by automatically executing at a specified stop price. It intelligently prevents errors when reversing trades and enables real-time adjustments to the stop, eliminating challenges associated with placing stops and ensuring precise order submissions.
Features - Section 22 | Protective Stops / Price
OTS Trader intelligently decides whether to place a Buy Stop or a Sell Stop, taking into account your current Long or Short position in the market.
You have the capability to set an exact Price Level Stop.
The Stop quantity automatically adjusts when there are changes in your Quantity.
Moving the Stop level is effortlessly done by entering a new price in the OTS Trader App.
It provides a display of the Percentage Loss your account would incur if stopped out.
Additionally, it shows the Dollar Loss if the stop is hit.
There is also a Toggle On/Off Option for your convenience.
Settings - Section 22 | Auto Stop / Price Level
To access the settings of the OTS Trader app, open the app, right-click on it, and select "Settings." From there, navigate to the "Section's" settings option.
There are no settings for sections 22 | Auto Stops / Pice Levels
Strategies - Section 22 | Auto Stops / Price Levels