Trailing stop moving the wrong way

nonetheless · Tue, 12 May 2020 18:27:54 +0000

In the attached image, you can see where a short position opened @24141.5 The pink dashed line is the trailing start which is met at the close of the first candle. From there, everything behaved as normal and the stop moved down at the close of each bar. Then as the price retraced, at the second last candle it suddenly jumped back above entry price to 24148. Presumably “2.6 €0.52” indicates where the stop should have been, ie 24138.9 The position closed @ 24145.9 for a small loss. I’ve seen this happen before but only on v short TF (<1m). This is a 5 minute chart. Anyone else seeing this? Anyone know why it happens? Stops should only ever move in one direction.

This topic has 20 replies, 4 voices, and was last updated 5 years ago by nonetheless.

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05/13/2020 at 5:31 PM #131533

robertogozzi

robertogozzi wrote:

TrailingStart and TrailingStep can either be different or equal, it’s up to you.

I think the problem is accumulating positions, as TRADEPRICE is an average af the entry price of all positions, so it will change as any single positions is added.

Sorry guys, Nicolas just reminded me that POSITIONPRICE is the average price of all open positions, while TRADEPRICE is the last price traded. This will not affect the above code, though.

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GraHal, nonetheless

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12/18/2020 at 10:58 AM #154253

deleted23092025

Have you came up with a solution of this? I dont have the same trialingstop code but it happend to me today. I put the example here, the stop went from minus 200 to minus 20 when the price went up. The price went up a little more and the stop came down to minus 40. Is this a bug? I cant really say its a problem with the code.

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12/18/2020 at 12:30 PM #154261

deleted23092025

By watching my code I think that if the trailingstops kicks in on the wrong side of the entry position the trailingstop will continue the wrong way.

BUT my question is why is trailing stop going on the wrong side as it should secure a “win”

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12/18/2020 at 12:38 PM #154263

nonetheless

I haven’t noticed this problem for a while now. I think it has something to do with the TS being in conflict with the IG minimum stop distance.

nonetheless
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12/18/2020 at 12:50 PM #154268

deleted23092025

Hmm okay.. But lets say this happens “attached picture” (trailing stopp kicked in on wrong side of entry)

And the price move up (ath) will the stop move up or down? I mean if it moves up its completly fine but Im scared it wont?

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12/18/2020 at 1:12 PM #154275

nonetheless

what TS code are you using?

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Trailing stop moving the wrong way

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