Hi,
It would be helpful to see on the report how many ticks went against position before closing.
It can be ticks or currency amount, doesn’t matter. Anything that shows how negative position went before reversing. It helps tremendously to calibrate stops and entry points.
Thank you!
It sounds like YBB is suggesting a helpful feature for Tradovate users. Having a report that shows the maximum adverse movement, in ticks or currency amount, before a position turns around could be very beneficial. This would give traders insights into how much a position went against them before it eventually became profitable or was closed.
The feature could help traders fine-tune their stop-loss levels and entry points by analyzing historical adverse price movements. It seems like a practical addition for strategy adjustments Also, if you’re into automation also check out pickmytrade.trade for tradovate automation