Yes, itworks. It starts from the level of profit you want, then it sets automatically a 1-pip step.

It CANNOT be used with another type of STOP, such as SET STOP LOSS. In case both instructions are used (on separate lines), the last one will always override any previous STOP instruction, as the lines are read sequentially starting from the beginning.

TempusFugit wrote:

Isn´t that how it works?

Yes (in your example) TS starts moving at 100 pips profit and the movement from thereon is 1 pip each time price moves by 1 pip (as Roberto says).

Hi ,

I have the same issue with IG. It only allow trailing loss in standard account and not on  limited risk account. I do not what they are. My account happens to be risk limited, I also do not know why, this is not mentioned at all when I open account. I am here to seek help on ways to implement trailing stop without using the “set stop loss x trailing y”.  I try “set stop loss value” in the program where it calculates the “value”, I take care of not set the value less than allowed. I also use “set stop loss 100” as the last instruction.

Any ideas?

Regards and Thanks.

Tham SM

Thank you.