Support Board
Date/Time: Fri, 18 Apr 2025 04:40:39 +0000
Post From: A trailing short or long position strategy trigger
| [2025-03-28 18:27:09] |
| User580028 - Posts: 15 |
|
I sent you a video of what the trigger trail stop limit did. It does work, I'll give you that, but some of the functionality is a bit irrational. For example, in the video you'll see that I set a stop at 5761 and a target price of 5764. I was under the impression that once the target price was hit, then the stop would actually activate - not already be active from the beginning. Technically, if my target price never hits, there's a possibility that because it pulls back, it might pull back at 5761, get me in a trade, and because I was taking a sell position, it may bounce and then get me out of a trade for a loss depending on what my stop loss and take profit is. My question is: is there a way to configure the trigger price to actually activate a stop price, and that stop price will trail the market and once it pulls back it'll become a limit order (which is what you say and it does) and then gets me in a trade? Is there a way to completely eliminate the stop being active until the trigger price is hit? Because again, once I hit the sell button and it sets an order to trail at 5764, there's already a stop active, and if I put that stop below the trail, if it just happens to pull back (which it has done), it got me in a trade. Technically the stop shouldn't even matter because I'm not even actively in a position yet. When it comes to trailing, the first condition should be the market hitting the trigger price, then that trailing order will activate. It wouldn't be a stop until the trail is hit, then it'll become a stop limit order to get me into a trade. I don't know if what I'm saying makes sense, but if there's any possibility or any way that I can do this, please let me know. Thank you. |
 2025-03-28 14-12-11.mkv - Attached On 2025-03-28 18:26:48 UTC - Size: 136.72 MB - 11 views |