difference between set stop ptrailing and set stop trailing

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    kevin12345kevin12345
    Participant
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    hi,

    what is the difference set stop ptrailing and set stop trailing?

     

    thank you

    #161760 quote
    NicolasNicolas
    Keymaster
    Legend

    ptrailing stands for point size while trailing is for price value.

    for instance, EURUSD point size is 0.0001, so if you want a trailing stop of 10 points/pips:

    set stop ptrailing 10

    or

    set stop trailing 0.0010

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difference between set stop ptrailing and set stop trailing


ProOrder: Automated Strategies & Backtesting

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This topic contains 1 reply,
has 2 voices, and was last updated by NicolasNicolas
5 years, 7 months ago.

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 02/17/2021
Status: Active
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