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So to reignite this thread -- With % trailing, we know the trailing stops are executed intrabar. My question is - Is there a way to only execute % trailing at the end of the bar, and NOT intrabar?
(even with [Intrabarordergeneration = False] it'll still trigger the order)
You've got to create your own trailing stop expression. MaxpositionProfit and OpenPositionProfit could be useful.
Maybe if MaxpositionProfit-OpenPositionProfit>1000 //means when your current profit is $1000 less than the maximum profit the position hit at one time...
You've got to create your own trailing stop expression. MaxpositionProfit and OpenPositionProfit could be useful.
Maybe if MaxpositionProfit-OpenPositionProfit>1000 //means when your current profit is $1000 less than the maximum profit the position hit at one time...
Great idea, Kevin.
I came up with this, but I'm having trouble figuring out the command to cover the position at the end. I used SetStopPosition but that's not correct.
Inputs:
PctTrail (.25),
DollarAmt (20);
Condition1 = MaxpositionProfit > DollarAmt ;
Condition2 = MaxpositionProfit < MaxpositionProfit - (MaxPositionProfit * PctTrail);
IF Condition1 AND Condition2
THEN
SetStopPosition ;