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Hi! I'm looking to realyse an a trailing stop in points, with
stepping and visual confirmation(a line).
So a want to use two values:
1.Trailing stop distance (in points)(for example value is 0.0050)
2.Trailing stop stepping (in points)(for example value is 0.0010)
Example.
i have opened one long position. Price was 1.0000. I set Trailing
Stop Distance to 50 points. So i have stop level on 0.0950. If price
had reached 1.0010 points - I want to raise up my stop level to
0.0960. But in case, when price reaches only 1.0009 i want leave my
stop level at 0.0950.
So i'm looking to make my Trailing stop more resistent to "market
noise" ... Later i will look to optimize this values to make them
more suitable for my strategy.
Please help. Thanks for looking.
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