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Easy question
#470954
02/14/18
08:30
02/14/18
08:30
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Dec 2017
Posts: 42
Mongolia
T
Tuguldur717
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Tuguldur717
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Joined:
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Mongolia
If i set STOP=200*PIP in my code. How calculated first trail value from this stop?
Re: Easy question
[
Re: Tuguldur717
]
#470956
02/14/18
09:38
02/14/18
09:38
Joined:
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Posts: 27,986
Frankfurt
jcl
Chief Engineer
jcl
Chief Engineer
Joined:
Jul 2000
Posts: 27,986
Frankfurt
Trailing moves the the stop at a maximum distance behind the price. If you want this distance to be 400 pips, set Trail also at 200*PIP. You can find explanations of stop and trailing on websites such as Investopedia.
Re: Easy question
[
Re: jcl
]
#470963
02/14/18
13:24
02/14/18
13:24
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Tuguldur717
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Tuguldur717
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Mongolia
Actually there is no answer in investopedia.com.
Re: Easy question
[
Re: Tuguldur717
]
#470964
02/14/18
13:27
02/14/18
13:27
Joined:
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Posts: 27,986
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jcl
Chief Engineer
jcl
Chief Engineer
Joined:
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https://www.investopedia.com/terms/t/trailingstop.asp
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