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Easy question #470954
02/14/18 08:30
02/14/18 08:30
Joined: Dec 2017
Posts: 42
Mongolia
T
Tuguldur717 Offline OP
Newbie
Tuguldur717  Offline OP
Newbie
T

Joined: Dec 2017
Posts: 42
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: Jul 2000
Posts: 27,977
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,977
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
Joined: Dec 2017
Posts: 42
Mongolia
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Tuguldur717 Offline OP
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Tuguldur717  Offline OP
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Joined: Dec 2017
Posts: 42
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: Jul 2000
Posts: 27,977
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,977
Frankfurt


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