Support Board
Date/Time: Thu, 28 Nov 2024 00:24:37 +0000
Triggered Step Trailing Stop Issue
View Count: 2033
| [2014-10-29 13:57:51] |
| cmet - Posts: 552 |
|
I'm trying to setup a triggered step trailing stop limit. After going over your instructions here: http://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#TriggeredStepTrailingStopLimit, I can't seem to get it to work correctly. I want to set: An initial 8 tick stop A trigger of 4 ticks (market must move 4 ticks before adjusting stop) An increment of 4 ticks (when the market moves 4 ticks, the stop moves up 4 ticks) Here are my settings: http://s2.postimg.org/9l27g640p/step.jpg When I use these settings, my stop is being triggered after 4 ticks but it is moving up 8 ticks to break even. What are the correct settings to accomplish what I have above? |
| [2014-10-29 14:08:48] |
| cmet - Posts: 552 |
|
Nevermind, answered my own question. Trail Offset needs to be the same distance as the initial stop. In this case, 8 ticks. |
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