It can be done programmatically, but you’ll have to create yourself a step variables that’ll test at each bar if the price met the conditions to make a new step or not. Then if the price goes below this step, you close the order (for a long trade) and vice-versa. Is this something that could handle what you want to do?

Another solution would be to move your stoploss automatically with the SET STOP pLOSS instruction. I think it should have the same effect.

Hi, you can’t get real time tick per tick on hourly timeframe since conditions are only test once per bar.

As for Trailing stop with customize step, you can do this (example with only a one step move, but it could be adapted to a dynamic trailing easily)

defparam cumulateorders = false

c1 = close>close[1]

if c1 then
 BUY 1 LOT AT MARKET
 SET STOP PLOSS 50
endif

IF NOT ONMARKET THEN
 newSL=0
ENDIF

IF LONGONMARKET AND close-tradeprice(1)>=30*pipsize THEN
 newSL = tradeprice(1)+5*pipsize
ENDIF

IF newSL>0 THEN
 SELL AT newSL STOP
ENDIF

In this example, the stop loss is moved automatically at trade price open +5 points, for a long position, when the price has moved favourably 30 points above the open price.

Thanks Nicolas, this is very useful code. Only problem for me is that I need to trail the price within an hourly bar as my strategy only uses a 1 hour bar.

I really hope ProBuilder supports real time pricing for all timeframes soon, currently it is a major blocker to getting strategies working correctly.

This is great, I also trade with IG Markets and have been working on this same problem, thanks Nicolas will try this out.