ApplyStop(stopTypeTrailing,stopModePercent,1, True, True);
Assume the
current stock price is
Open 30
High 32
Low 28
Close 31
I buy the stock
at 30.50 and set the above trailing stop. So the trailing stop is activated at 30.195.
If price move down or open lower than 30.195, the trade will be stopped out. Am
I right?
I enter the date
anytime during the day (not only at Close), if I set the ExitAtStop=0, I assume
the Trailing Stop will not activate on the entry date but from next day. Am I
right? Then, what is the different between ExitAtStop=0 and 2?
mode =
0 - disable stop
(stopModeDisable),
1 - amount in
percent (stopModePercent), or number of bars for N-bar stop (stopModeBars),
2 - amount in
points (stopModePoint);
3 - amount in
percent of profit (risk)
What is the mode=3
for?
Thank you in
advance.