As i understood it, the stop ploss would first activate when it has moved (in my code) 50 points, and place the stop loss (again, in my code) 8 points over entry. After this it would move the stop loss 8 points for every 8 points the position moves in my direction. But the backtests doesn’t show that. In my backtests the stop less gets placed very weirdly and doesn’t trail the price. Am i coding something wrong or is it how it is supposed to work?
I have inserted a printscreen of the backtest as well as my code.
The price in your pic, where your mouse is sitting, is 27363.2 and you entry price was 27377.3, at that point you were suffering a loss, while your trailing stop would only activate when the closing price is at least 27377 + 50 pips.
The mouse placement was random, didn’t mean to point anything out with it.
If you look at the plotted graph of the trailing sl and at the price, you can see that price moved a lot more than 8 points after the newsl got triggered, but it remained at the same pricelevel.
okay, I dont think i fully understand unfortunately but how would I code for it to turn out the way i described before? I.e. the trailing stop gets activated when the price has moved 50 points/pips in my favour, and after that the trailing stop moves 8 points/pips up from the previous stop everytime the position moves 8 points/pips in my favour.
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