Trailing Stops working on 1st candle – 1min candle

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  • 09/02/2020 at 10:08 AM #143190 quote
    TommyV101
    Participant
    New

    Hi,

    If I am using a 1 minute bar then at the end of that minute each system that I am running on Automatic Trading will look back and see whether the conditions have been fulfilled for entering a trade  – all well and good so far , but, once the trade is entered at the opening of the next bar the trailing stop that is attached to the trade on my systems does not come into operation until the close of the bar on which the trade has entered and then sends a trailing stop order through to IG if the trade is in profit at the end of that 1st bar  – it ignores any price movement during the 1st bar. I need to find out whether it is possible for the trailing stop to take effect from the moment the trade is entered

    Is that possible for the trailing stop to enter the same time as the entry trade and for it to trail within that 1st bar/candle.

    Thanks

    Tommy

    09/02/2020 at 10:24 AM #143191 quote
    GraHal
    Participant
    Master

    Yes … enter your TS code within the If … Endif Condition for trade entry.

    Best you post the full code on here to be 100% certain?

    09/02/2020 at 10:32 AM #143192 quote
    TommyV101
    Participant
    New

    ok thanks, will give that ago.

    Today it worked fine.

    I wonder whether the direction of the first tick has some influence?  for example today, both trailing stops worked as they should, first tick was in my favour and trailing stop entered and triggered in first candle .

    If the first tick went against me , would the trailing stop still work in first candle?

    09/08/2020 at 12:16 PM #143598 quote
    Nicolas
    Keymaster
    Master

    The trailing stop is moving if the market is in your favor.

    If you have coded your strategy with the SET STOP TRAILING, the trailing stop is handle by the IG server.

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Trailing Stops working on 1st candle – 1min candle


ProOrder: Automated Strategies & Backtesting

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TommyV101 @tommyv101 Participant
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This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
5 years, 5 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/02/2020
Status: Active
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