trailing stop % of loss option
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How to trail a loss ?
trailing stop of 50% loss example : if there is a loss of 10 pips then take profit is modified to -5 pips then if the loss goes to 20 pips tp is going to -10 pips and if 20 pips is the max drawdown of the trade then tp must stay at -10 pips until it get hit. -
@xbuilder
That's wierd, % of account loss, or % of specific positions loss ? -
@seb-0 of specific position loss
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@xbuilder
https://fxdreema.com/shared/EynkkElgd
Is that what you are looking for ?
The percentage is the "0.5" in block 18, for 50%. -
@seb-0 trailing stop of 50% loss example : if there is a loss of 10 pips then take profit is modified to -5 pips then if the loss goes to 20 pips tp is going to -10 pips and if 20 pips is the max drawdown of the trade then tp must stay at -10 pips until it get hit.
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@xbuilder
Hum something like that then ?
https://fxdreema.com/shared/h2X08rYSd