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#2 Trailing stop at pivot point.

open
nobody
6
2008-02-17
2008-02-17
No

Set a trailing stop at the pivot point of XX pips.

This is to prevent retracement losses. User should be able to turn this off by setting the variable "Pivot_Trail" to 0. Otherwise, the variable pivot trail will be the number of pips for the trailing stop.

NOTE: This trailing stop should not affect the original T/P level.

NOTE: The trailing stop can OVERRIDE the original T/P level if "Pivot_Trail_Override" is set to TRUE.

Discussion

  • Christopher Sands

    • priority: 5 --> 6
    • summary: Trail at Pivot. --> Trailing stop at pivot point.
     
  • Christopher Sands

    • labels: --> Core Strategy
     

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