Simplified creation – Trailing stop, working?

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  • This topic has 2 replies, 3 voices, and was last updated 2 years ago by avatarEric.
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  • #181954

    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!

     

     

    #181958

    Post the code, as it may happen that you have two different STOPs, be them on the same or separate line.

    On the same line is not allowed, though backtests work. On different lines, the second one overrides the first one.

     

    #182001

    You cant use both, its either stop or trailing stop (simplified creation)

    a trailing stop start with a stop and then moves the stop and trail the price

     

Viewing 3 posts - 1 through 3 (of 3 total)

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