Simple Trailing SL/TP

Holyfield

Hi there.

Do you guys have a simple Simple Trailing SL/TP for me.

I want to be able to open a position and set af TP and at the same time a Trailing SL. So if my position hits a certain point the trailing SL gets activated, with a set amount of drawdown in $.

Sorry for the NOOB question ;)

Kind regards
Michael

Mike

You try this. https://clickalgo.com/forex-risk-management

There should also be some free trailing stop loss cBots around.

https://clickalgo.com/trailing-stop-loss

Holyfield

Hi again.

thanx for the response.

I tried the "Trailing stop example BOT", but nothing happens. See my order below and my settings for the BOT.

What am I doing wrong.

Just to clearify.

I open a BUY POS at say 1998
I want the Trailing SL to trigger at say 2000 and close the order when it goes down to 1999. If the price go up I want the trailing to go with it so it triggers when the price goes 1 down.

See my pictures below.

Pipster

It uses pips gained, not price.

You have a take profit at 15 pips, but the TSL does not trigger until 100 pips.