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Austin, TX
Experience: Advanced
Platform: TradeStation
Trading: Futures
Posts: 838 since Mar 2011
Thanks Given: 124
Thanks Received: 705
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I'm trying to place a floor amount (activation level) using a fixed trailing stop.
the setpercenttrailing feature allows this, but you have to use a percent based trail (that's variable based on the positionprofit amount and retracement).
I'd like to be able to set an activation level for the trail, but used a fixed trail (setdollartrailing).
If I use a statement like this...
If positionprofit > 100, then begin
setstopcontract;
setdollartrailing(100);
end;
It activates the floor fine, but if price barely moves above my activation level and then retraces, the if then is no longer valid and the trail goes away.
Any help?
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