Trailing Stop Loss

• 03/27/2017 at 10:27 AM #29941
  Barney

  In PRT 10.3 is it in only in backtesting trailing SL don’t work?

  Does it work live?

  If so, you can use it under surveillance!

  

  Barney

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  03/27/2017 at 12:55 PM #29963
  juanj

  Hi Barney

  I believe the issue is not necessarily with PRT 10.3 but rather the CFD provider.

  I know IG is apparently having issues with the Trailing Stop function in ProOrder.

  I have asked them about this but all they can tell me is that their IT team is ‘working’ on it.

  In the meantime you can try manually coding a trailing stop but someone with more technical skill than myself will have to assist us as this is as far as I could get.

  //custom trailing stop //trail points having been defined at position open i.e. trail = 100 If longonmarket then if close > positionprice then If trail > trail - (close - positionprice) then trail = trail - (close - positionprice) EndIf EndIf If close < positionprice and close < positionprice - trail then SELL AT MARKET Elsif close > positionprice and close < positionprice + trail then SELL AT MARKET EndIf ElsIf shortonmarket then if close < positionprice then If trail > trail - (positionprice - close) then trail = trail - (positionprice - close) EndIf EndIf If close > positionprice and close > positionprice + trail then EXITSHORT AT MARKET ElsIf close < positionprice and close > positionprice - trail then EXITSHORT AT MARKET EndIf EndIf

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  //custom trailing stop   //trail points having been defined at position open i.e. trail = 100   If longonmarket then if close > positionprice then If trail > trail - (close - positionprice) then trail = trail - (close - positionprice) EndIf EndIf If close < positionprice and close < positionprice - trail then SELL AT MARKET Elsif close > positionprice and close < positionprice + trail then SELL AT MARKET EndIf ElsIf shortonmarket then if close < positionprice then If trail > trail - (positionprice - close) then trail = trail - (positionprice - close) EndIf EndIf If close > positionprice and close > positionprice + trail then EXITSHORT AT MARKET ElsIf close < positionprice and close > positionprice - trail then EXITSHORT AT MARKET EndIf EndIf

   

  

  juanj

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  03/27/2017 at 1:33 PM #29972
  Barney

  Ok

  It´s probably the best you can do your own code for the trailing stop.

  IG does not seem to have full control of the problem.

  Unfortunately i do not have those programming skills to code.

  Fortunately there are many here who can code. 🙂

  

  Barney

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  03/27/2017 at 4:35 PM #30026
  Nicolas

  There are already trailing stop code snippets in the blog. Of course stoploss will only move once per bar since code are only read one time each period. So it will not act as the IG “set ptrailing” function.

  

  Nicolas

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  05/17/2019 at 1:18 PM #98732
  Mkyr

  Hi Nicolas,

  Has this issue been resolved with IG, or is it an ongoing problem?

  

  Mkyr

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