CUSTOM TRAILING-STOP

[Nande Designs]

I am trying to trail my stops. The issue is that the brokers limit the minimum trail at 15 points, which is too much for me as I trade fundamentals. My question is... Can I customize the trails to be executed manually by the robot ? What I have in mind is using the following blocks :

1. For Each Trade (Under loop for Trades and Orders)

2. Check Loss (Under loop for Trades and Orders)

   • Then I put 10% loss of profits

3. Close Trades (Under Trade Actions)

Would this do the trick ?

[l'andorrà]

Yes, it should. But are you sure the blue trailing stop block wouldn't be more flexible and accurate for you?

[Nande Designs]

I started with that option and realised upon testing that the stop does not trail until the price has moved by 15 points first, even if I put the Trailing Step at "0". I think this has to do with the brokers' "minimum allowable trailing distance" rule, since their servers will do the tracking. But if the robot could do the tracking and closing manually without outsourcing to their server (trailing stop), perhaps that could save us both the trouble. At least this is my logic at the moment.

[l'andorrà]

Interesting. In that case just try what you suggested in your first post. That should work. If not, let us know.