How do I implement a stop and/or target in a trading system?
Assuming you have a system that goes both long (with BUY action) and short (with SELLSHORT action). And let's also assume we want to implement both a stop and a target on both the long and short trades. Let's also assume that we want the target to be 50 cents and the stop to be 25 cents.
In RTL, the token ENTRY gives us the entry price of any position. This token makes implementing stops and targets relatively simple.