trailing stop keeps getting rejected

• 11/25/2020 at 6:23 PM #151599
  jayvee

  Greeting all, Hope you’re keeping well and safe. I’m a bit stuck. I have ‘set stop trailing’ in a code I’m testing out, but while the order to buy the stock goes through, the trailing stop doesn’t. When you hover over the rejected sign (under order list) it states the stop distance was too far from the opening market level. I’m not sure what I’m doing wrong??

  IF Bullish0 THEN buy (100/(2*atr)) perpoint AT MARKET set stop trailing (2*atr) ENDIF

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  IF Bullish0 THEN buy (100/(2*atr)) perpoint AT MARKET set stop trailing (2*atr)   ENDIF

   

  

  jayvee

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  11/25/2020 at 9:57 PM #151654
  jayvee

  sorry i put this in the wrong section

  

  jayvee

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  11/25/2020 at 10:13 PM #151658
  robertogozzi

  Moved to correct place

  

  robertogozzi

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  11/25/2020 at 10:57 PM #151666
  jayvee

  Thanks Roberto, much appreciated. Any idea on whats happening here. If the code is correct, could it be the timeframe issue that is mentioned on the other post (https://www.prorealcode.com/topic/changing-3-hr-bar-close-time/). Maybe its causing issues? As mentioned the IG platform doesnt mirror the prorealtime platform anymore (used to be the same) in regards to stocks such as amazon, apple (US stocks i think) at time frames such as the 2hr/3hr/4hr. The code used to work fine, so think it may be correlated with this timeframe issue…

  

  jayvee

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  11/25/2020 at 11:33 PM #151670
  robertogozzi

  I have no idea. I can only suggest to use a trailing stop code snippet to replace the built-in SET STOP TRAILING instruction which is a bit awkward.

   

  

  robertogozzi

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  11/26/2020 at 9:04 AM #151688
  Nicolas

  Try with:

  IF NOT LONGONMARKET AND Bullish0 THEN buy (100/(2*atr)) perpoint AT MARKET set stop trailing (2*atr) ENDIF

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  IF NOT LONGONMARKET AND Bullish0 THEN buy (100/(2*atr)) perpoint AT MARKET set stop trailing (2*atr) ENDIF

  otherwise the trailing distance would be recalculated (with ATR) on each period and might be too far from the first place, you can’t enlarge your trailing stop with a limited risk account (if you have this type of account?).

  

  Nicolas

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  11/26/2020 at 9:34 AM #151695
  jayvee

  Thanks Nicolas, I will try that. Do you have any idea about the timeframe issue on the platform? It’s not in line with the IG platform – I think that is causing issues too

  

  jayvee

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