Support Board

Date/Time: Fri, 03 May 2024 03:45:53 +0000

Post From: Set stop offsets based on bid/ask prices?

[2013-05-02 17:12:56] Link To Thread - Link To Post [Go To First Post]
User76625 - Posts: 49
Is there a way to set trailing stops based on the current bid and ask prices (or the midpoint of bid/ask, preferably) of a contract? In low-liquidity markets (like options), the bid/ask can increase without the "last trade" price increasing, so the stop doesn't move until an actual trade has gone through at a higher price.