hello
I’m looking to code a trailing stop based on previous lows for long positions and previous highs for short positions.
I tested the following code for long positions which used price as the number of bps from the open;
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if longonmarket then SET STOP trailing lowest[5](low) endif |
I then tried the following, which didn’t seem to work either;
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if longonmarket then SET STOP trailing (close - lowest[a](low)) endif |
I’d greatly appreciate any tips or suggestions on how to solve this.
Best
Chris