Section 24 -
Break-Even | Plus Points
The Break-Even Plus Points function in OTS Trader is remarkably feature-rich. It intelligently identifies your position (long or short) and submits the appropriate exit type—placing a limit order if you're below your break-even point and a stop order above your break-even level if you're in profit. This exclusive functionality, based on the true average pricing model, adapts to changes in your position quantity, updating the total exit quantity dynamically. This seemingly unassuming buttons delivers a powerful impact.
Features - Section 24 | Break-Even Plus Points
Specify the desired profit value above your break-even for the exit.
Automatically determines whether to place a buy or sell exit based on your long or short position.
Retrieves your current position quantity to determine the contracts to submit.
Automatically adjusts exit quantity if your position quantity changes during the trade.
Places a limit order if your true average price is below the last price.
Places a stop order if your true average price is above the last price.
Allows modification of settings during the trade's duration.
Toggle on/off during a live trade.
Settings - Section 24 | Break-Even Plus Points
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 Section 24 - Break-Even Plus Points
Strategies - Section 24 | Break-Even Plus Points