Break Even Plus Ticks

Overview - 

Go Fish Pro knows the following:

  • If you are long or short to know what type of exit order to place.
  • Your True Average Price to know what price to place your exit orders at.
  • How many contracts you have on to know the Qty to send with the exit.

This function will place 2 types of orders. 

1. If you are below your entry price, it will place a limit order above the True Average Price X Ticks. 

2. If you are above your limit price, it will place a protective stop X Ticks above your True Average Price. 

What happens if I change my Qty before this order is filled? 

It will automatically self adjust the exit quantity. 

What happens if I change the inputs before it is filled?

It will automatically self adjust the input change. 

When this exit fills, what happens to all my working orders? 

They all get canceled automatically.

Note: When you click the button, that background color will change to gray. Meaning, you are working this order. If you click it again, it will cancel THAT order and turn it back to blue.

GFP will also update each tick what $ Dollar profit you would get back minus fees if you got out at these levels.

Why would you use this function?

It automatically places the exit side of the trade at the prices ticks from your entry price. You don't have to fumble to enter the Qty or Price of choose Buy or Sell, 

With one click, it does all this for you. 

Settings -

Ticks = The number of ticks above your entry level you wish to exit all your positions.

Free Demo

Cycle Pro Go Fish Pro Index

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Cycle Trader Pro is a complete trading software company that has created many custom indicators that show momentum and cycle reversals better than most others. We build custom auto order entry and exit applications, and auto trade system strategies.

The overall purpose of the Cycle Trader has been to continue to create trading indicators to show market momentum & reversals better than most other indicators. To create trading models to help traders understand what pattern the market may be in at the time to help them make the best choice in direction at the time.

We have designed trading apps to help traders save money entering and exiting positions. The goal was to make the trading apps automatically handle orders after entry. This way, you our traders could concentrate more on the direction of the markets than placing orders all the time. Then we added value for each trade from start to finish displaying personal trade data. The trade data with the CycleTraderPro apps is data one would not expect from others apps.

We run all the indicators, charts, Go Fish Pro and the Auto Entry on NinjaTrader

We offer just the indicators on MetaStock, TradeStation, MetaTrader and MultiCharts

Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.