Support Board
Date/Time: Sun, 23 Feb 2025 14:13:12 +0000
Post From: How to automatically modify trailing stop distance?
| [2021-02-15 06:04:17] |
| homestar - Posts: 21 |
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I'd like to modify the distance of my trailing stop automatically, preferably via spreadsheets or ACSIL. For example, suppose my attached order is configured to trail at an offset of 10 ticks. I want to change the trailing offset to 20 ticks (based on market conditions), without necessarily changing the current stop price. To make the example more concrete, if the S&P is trading at $3000 and my trailing stop order is currently 10 ticks away at $2997.5, I would like to change the stop so that it can trail up to 20 ticks away, without changing the stop's current position at $2997.5. In SC's Order Types webpage, I've read that "If you manually modify the Trailing Stop order, then the Trail Offset will be recalculated by taking the difference between the new Stop price and the current market price." How to do this automatically? Many thanks for any assistance or ideas!!! Date Time Of Last Edit: 2021-02-15 06:04:53
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