Support Board
Date/Time: Mon, 06 Jan 2025 09:37:14 +0000
Post From: Initiate auto trailing stop loss
| [2016-06-01 17:46:57] |
| Crudeoilist - Posts: 18 |
|
Dear Sir/Ma'am, In a spreadsheet system for automated trading, is it possible to initiate a trailing stop loss? I already have a spreadsheet system that is working well with entries but the exit strategy needs a trailing stop loss. For example if I bought at 40.00 I would like the trailing stop loss to initiate at 40.01 and follow the price 1 cent behind. So if the price goes to 40.10, the stop loss should follow at 40.09 so if price backs down the stop loss gets triggered. Would this fall under ACSIL or something more complicated? Thanks in advance. |