cTrader Trailing Stop Loss

thetrader

hello im having problems with the trailing stop loss..i made an entry on EURUSD m5 with 9 pips stop loss and i did a 15 trigger and 9step trail but the trigger opens as soon as it gets 1.8 pips and the step is less than 1 pip.

https://clickalgo.com/forex-risk-management

Mike

I ran a test with the same settings as you using a TSL trigger of 15 pips and a pip step of 9 pips and the trade moved its stop loss to roughly 9 pips behind the price as shown below.

These are the steps I followed:

Set the cBot parameters and started it.
Opened a sell trade with a 10 pip stop loss.
When the price gained 15 pips the stop loss moved 9 pips behind the price.
The stop loss continued to gain pips stepping behind price as the price moved further in favour.

Please note that you need an initial stop loss for the TSL to work.

make sure you have no other cBots running that may be adjusting your trades.

thetrader

THANK YOU...ive followed your instructions and it works really well