How to code Second Bar TSL

#1

How to code the logic:

If current candle’s high is greater than day’s high then low of previous candle should be SL and this loop should go on till the TSL is hit.

#2

Hi, this will need custom coding, Currently, TSL works on an MTM basis level

#3

Instead of Greater Than if you are ok with Greater Than Equal To then following can be thought of:

Here I am assuming that your current candle is anything less than daily candle e.g. 5 min, 15 min, 1 hour etc.

  1. Write a exit set for your requirement.
    check if high(day) == currentCandle(High)
    ltp(currentCandle) < low(previousCandle)

I am also thinking check till previousCandle

#4

@narsa did it work for you?