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.
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?