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#470954 - 02/14/18 09:30 Easy question
Tuguldur717 Offline
Newbie

Registered: 12/09/17
Posts: 42
Loc: Mongolia
If i set STOP=200*PIP in my code. How calculated first trail value from this stop?

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#470956 - 02/14/18 10:38 Re: Easy question [Re: Tuguldur717]
jcl Offline

Chief Engineer

Registered: 07/22/00
Posts: 26429
Loc: 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.

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#470963 - 02/14/18 14:24 Re: Easy question [Re: jcl]
Tuguldur717 Offline
Newbie

Registered: 12/09/17
Posts: 42
Loc: Mongolia
Actually there is no answer in investopedia.com.

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#470964 - 02/14/18 14:27 Re: Easy question [Re: Tuguldur717]
jcl Offline

Chief Engineer

Registered: 07/22/00
Posts: 26429
Loc: Frankfurt

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