Support Board
Date/Time: Sat, 15 Mar 2025 01:56:21 +0000
Post From: Trailing Step appears not to be moving
| [2022-07-06 20:28:04] |
| User764761 - Posts: 9 |
|
Hello I placed a short trade on MGC just after some news and as expected there was a sudden strong move down. The trade was a bracket order 5:1 with the stop being a trailing step. It exited when the take profit was hit at 5:1 so a good outcome. However, what should have happened is that the trailing step stop should have ratcheted down. Based on the log extract it seemed that it could not move down. Please can you explain why this happened and how I can fix it? It appears to me that the stop was trying to be moved in the wrong direction and so was rejected. The only possible thing that I think is worth knowing is that I had experimented with Study Controlled Targets (Kiwis and SuoerTrend) but had removed these before doing a live trade. Thanks Small Log extract with error message: Orders 2022-07-06 14:46:36.554129 2022-07-06 14:46:36.554122 F.US.MGCQ22 Order modification failed | Reject text: Buy order stop price must be above last trade price ExchangeRejectCode = 2061 95 291888651 Step Trailing Stop 1 Buy 1762.5 Open <accountname> Close 93 -1 0.00 95.76590 Good till Canceled |