Exit With Tick Protective Stop

Overview - 

Simple exit with a stop loss using ticks. 

Will GFP update my stop if my Qty changes?

YES! This is another key feature of GFP, it will automatically cancel replace your exit Qty each time you change your position quantity.

Will it move the stop based on my current True Average Price Model? 

YES, It will move your stop orders.  

You have the option with GFP to use your True Average Price or FIFO.

What are the values below the ticks? 

They display on a % and $ dollar loss what it would be if you get stopped out at the tick level chosen.

Can I change the ticks while I am in a trade or turn it off or on? 

YES! You can change the ticks, turn it on, turn it off and it will auto adjust while in a current trade.

Can I manually move this protective stop order on the screen or with the DOM? 

YES! You can move it anywhere you wish after it is placed.

Why would you use this function?

If you used nothing but this feature, it would be worth the price of the app. You never have to fumble around with cancel replacing stop order again. GFP does all the hard work for you with precision.

Settings -

On/Off = You have the option to use this function or not. You can turn this function off is it was on during the life of a trade.

Ticks = The number of ticks back to place the protective stop order based on your True Average Price. 

% Loss = Just a display of the % loss based on the account balance if the stop was hit. 

$ Loss = Just a display of the S Dollar loss based on the account balance if the stop was hit. 

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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.