Trailing Stop Block
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Hi, I am wondering if there is any manual or help in order to fully understand all the option in the Triailing Stop Block. There are many option and I like to fully understand the full potentiality of each of them.
Thank you
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Trailing Stop = the distance from the current price where SL should be kept
Trailing Step = the minimum step at which SL should be modified.For Buys: SL is modified to Ask-Stop when Ask>=SL+Step+Stop
For Sells: SL is modified to Bid+Stop when Bid<=SL-Step-Stop... where Step and Stop are converted to proper values
Trailing Start = how much profit the trade must have to be trailing-stopped. If there is not enough profit (if the Start is some positive value), trailing stop does not work for that trade.
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__Trailing Stop = the distance from the current price where SL should be kept
Trailing Step = the minimum step at which SL should be modified.For Buys: SL is modified to Ask-Stop when Ask>=SL+Step+Stop
For Sells: SL is modified to Bid+Stop when Bid<=SL-Step-Stop... where Step and Stop are converted to proper values
Trailing Start = how much profit the trade must have to be trailing-stopped. If there is not enough profit (if the Start is some positive value), trailing stop does not work for that trade.[/quote:3w00kj9v]
Thank you, but there are other option if you fully expand the Box. Can you tell me something regarding that options too?
Thank you
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There are options to filter trades - which trades you want to work with. Trailing stop (each trade) works on multiple trades when executed, all trades that match the filter settings.
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__There are options to filter trades - which trades you want to work with. Trailing stop (each trade) works on multiple trades when executed, all trades that match the filter settings.[/quote:31a80i9j]
My question is related to the multiple chice on:
- New Take Profit Mode
- Start When profit is above
Are they documented? Maybe its enough to link a reference manual or something like that
Thank You
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Start when profit is above is this Trailing Start that I described. The trade is skipped if it does not have enough profit.
New take profit... I think it tells it by itself. The block is designed to move SL, but optionally it can also modify TP. Not needed most of the time.
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__Start when profit is above is this Trailing Start that I described. The trade is skipped if it does not have enough profit.
New take profit... I think it tells it by itself. The block is designed to move SL, but optionally it can also modify TP. Not needed most of the time.[/quote:3j90pfco]
Got it, thank you
