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I am looking for an add-on tool that functions as a Trade Manager but have been unable to find one that meets my requirements.
Ideally, the tool should be capable of managing the following (I have seen them in Ninjatrader and Sierra Chart)
Entries and Exits: Automating trade entries and exits based on predefined rules.
Stops and Targets: Dynamically adjusting stop-loss and take-profit levels.
Auto Breakeven: Moving stops to breakeven once a certain profit level is reached.
Auto Chase: Adjusting stop levels to follow price movement.
Auto Trail: Automatically trailing stops to lock in profits.
I would greatly appreciate your help if you know of any such tool or have recommendations.
Thank you!
Can you help answer these questions from other members on NexusFi?
i dont think there are any tools in tradestation that do what you want. you could write your own in easy language/ooel ... thats pretty easy, but auto entries based on predefined rules might be harder. what are the predefined rules that you want to automate?
