Step Trailing Stop

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  • 03/21/2021 at 9:04 PM #164825 quote
    oliviergomez1977
    Participant
    New

    Good evening,

     

    I would like to know if something like this exist:

    I would like to have a trailing stop but that does not move continuously. I explain:

    Imagine you buy at 1.30 with a trailing stop of 15 pips. So your stop start at 1.2985. As soon the price rises to 1.3001, you trailing stop rise too at 1.2986.

    What I would like is, for example, a trailing stop of 15 pips with a step of 15 pips. It means that the won’t move before you reach 1.3015. Then it will rise to 1.30. If price continues to rise, the stop won’t move again before the price reaches 1.3030, then it will up to 1.3015. I hope my explanations are clear enough.

    Could you please tell me if this kind of stop exist and if it is possible to program it if not available?

    Best regards

    Olivier

    03/21/2021 at 10:42 PM #164832 quote
    Vonasi
    Moderator
    Master

    oliviergomez1977 – Welcome to the forums…. however – please reread the forum rules before posting again and make sure that you post in the correct forum. I have moved your topic to the ProOrder forum which is for strategy questions.

    _ ProRealTime Platform Support: only platform related issues.
    _ ProOrder: only strategy topics.
    _ ProBuilder: only indicator topics.
    _ ProScreener: only screener topics
    _ General Discussion: any other topics.
    _ Welcome New Members: for new forum members to introduce themselves.

    There are a lot of topics about trailing stop functions. Try typing ‘trailing stop’ in the search box and you will find that there is lots to read! 🙂

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Step Trailing Stop


ProOrder: Automated Strategies & Backtesting

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oliviergomez1977 @oliviergomez1977 Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by Vonasi
4 years, 11 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 03/21/2021
Status: Active
Attachments: No files
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