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    Trailing Stop Question

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      eliasxenos last edited by

      Can you please explain the "Reset the stop on new trade" option in the Trailing Stop box?

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      • fxDreema
        fxDreema last edited by

        You know that the idea of trailing stop is to have SL line that moves only in one direction. Well, when you have group of trades and you can add/remove trades from that group, the resulting position is... how to say that... you are changing the average open price when you add/remove trades. So this option allows you to recalculate the level of SL when you add new trade to the group, using the new average open price.

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