Hi jcl. I've been experimenting with TrailLock on EUR/USD (admittedly not rigorously yet).

The manual says TrailLock=1 moves the Stop to breakeven, but I'm finding that realistically in order to "lock" profit and not have trades end in a loss that TrailLock must be >=~15 and also Trail must be >=~5 PIPs.

Does this large difference from the manual's statement make sense or do I have a fundamental misunderstanding?

Thanks.

Moving the stop at the entry price does not mean that the trade can not end in a loss. For this one must move the stop at the entry price plus the trading costs. And check the distance to the current price - you can not move the Stop inside the price range of the current bar or tick, or else it would be triggered immediately.

Thanks jcl. I still believe the manual's use of "breakeven" for TrailLock=1 is incorrect, since trading costs are ignored and the "lock" stop is being set at a price which results in a loss.

Thanks.

Yes, I've updated the description.

Thanks!