Forums ProRealTime English forum ProOrder support Define the current price of my open position Reply To: Define the current price of my open position

#25385

ok, but the TRAILING STOP give me a well defined and always equal movement.

in this way the stop is moved closer to the price at each pip variation, correct?

 

in case of a long position: what if I want a Trailing stop moving from a Fibonacci’s level to the following one, only when the price touch an higher fibonacci level?

e.g. initial stop at the bottom of the previous candle (simple to set). The price moves up, touching the first Fibo extension (138%), I want to move my stop to the open price, to eliminate the trading risk. The price moves again up, touching the second extension (161%) and I want to move my stop to the first Fibo extension (138%) and so on…