Easy question

Posted By: Tuguldur717

Easy question - 02/14/18 08:30

If i set STOP=200*PIP in my code. How calculated first trail value from this stop?
Posted By: jcl

Re: Easy question - 02/14/18 09:38

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.
Posted By: Tuguldur717

Re: Easy question - 02/14/18 13:24

Actually there is no answer in investopedia.com.
Posted By: jcl

Re: Easy question - 02/14/18 13:27

https://www.investopedia.com/terms/t/trailingstop.asp
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