Simplified creation – Trailing stop, working?
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Hi everyone!
I have a question regarding the trailing stop in simplified creation. I am testing a simple RSI setup on DAX 2h chart.
Scenario: open long trade if RSI <29. SL 50 points/pips, trailing stop active 7 points/pips.
An example:
Opens buy order 2021-10-29 13:00 15562,9, closes position same 2h candle 15607,5. When zooming into 1 min chart, I don’t understand why the position wasn’t closed at approx 13:15…. This since the price reached approx 15582 13:10, hence should trailing stop not have been set to approx 15575 and then closed at approx 13:15?
I.e. what does it mean that “Creates a trailing stop which takes as a reference the price level that created the highest profit since the position was opened (brokerage fee not included”?.
Thanks for your support!
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Topic Details
| Forum: | ProOrder: Automated Strategies & Backtesting |
| Language: | English |
| Started: | 11/20/2021 |
| Status: | Active |
| Attachments: | 3 files |