Ctrader Switchback TrailingStop Loss

tomreofxClickA

Ctrader Switchback TrailingStop Loss
I have a problem with the trailing sop loss on the Ctrader Switchback cbot. My settings, Only the trailing stop is set, but the setting does not cause the trigger pips (X) to be displayed correctly. The number of pips the stop loss tracks behind the price and the trigger does not match specifications.

https://clickalgo.com/forex-trading-system

Pipster

I think you misunderstand how the trailing stop works, the trigger is the number of pips that the symbol must be in profit to activate the feature and the step is the number of pips that will trail behind the price.

You have a trigger of 20 pips and a trail of 65 pips, this feature will either not work or will provide some strange behaviour.

A usual setting for the Forex symbol with a spread of 0.5 pips is a trigger of 10 pips with a price trail of 2 pips, you cannot have the pip step higher than the trigger.

If you are using Indices or other symbols the spread can be as high as 100 pips, so you need to factor in the max spread for the symbol you are trading.

You can find out more about ClickAlgo's Trailing Stop below.

https://clickalgo.com/trailing-stop-step-definition

Did you know you can save your settings as a text file and upload the file instead of posting multiple screenshots of your settings?

tomreofxClickA

Hello
Trailing stop is set in the parameters. But TakeProfit is executed. Furthermore, when the TP is reached, the order is not closed, the order moves with the price!

Mike

Regarding your duplicate post here, the reason your trailing stop was not activated is that your average take profit is set to 1 pip, your stop loss is set to 6 pips, but your trailing stop is set to trigger at 21 pips gain.

If you wish for the trailing stop to be activated before a take profit or hard stop loss you need to set the trailing stop trigger to be much lower than your stop loss or take profit value.

Your average take profit is far too low, your stop loss is only 6 pips and your trailing stop loss is too high, please refer to the Pipster's reply above about how the trailing stop works.

Your Shared Settings

clickalgo-switchback-usspx500-h1.cbotset

4kB

Average Take Profit

The value you enter here is in pips and it is used by the smart-grid engine as part of a calculation to determine the average take profit to use, in reality, it does not normally close positions at this value as it uses internal formulas to determine the best exit price and you may see the take profit target adjusted as the price moves.

https://clickalgo.com/switchback-settings-explained