Hello Experts,
I am studying certain strategies in TT to help me build my own code. Have a question on Stop Loss
Q- Most of the times i have seen on strategies and also on youtube TT videos, that SL is placed based on LTP
LTP >= Traded Instrument * 1.40 (40% is the stop loss)
On one of the strategies i saw position ( Close) used
Position (Close (symbol(Traded Instrument (,),1m,All) >= Traded Instrument * 1.40 (40% is the stop loss)
Can we use either of these in all scenarios or Postion (Close) has to be used on specific scenarios?
I am in learning phase, so any help or documentation would help
Tagging TT team as well @Nelson
Thank You
Sahadev