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ok,
Thank you, I think I understood now but one question is still unanswered:
What would happen if both happened during the day and my trailing stop is %4.
-the price went up more than %4 and
-low more than 4%.
It seems to me that I am going to experience gain every time although
we cannot say for 100% what
happened inside the bar.
Thank you,
Radek
On Fri, Mar 20, 2009 at 12:58 PM, Radek Simcik <radek.simcik@xxxxxxxxx> wrote:
> Hi,
>
> could anybody explain to me how trailing stop works? I have below
> setting in my system ( I short on open and exit the same day on
> close):
>
> ApplyStop(stopTypeTrailing,stopModePercent,4 ,1);
> SetOption ("ActivateStopsImmediately", True);
>
> in that case it seems to me that stop starts to trail to protect my
> gain only if the gain is more than 4%. I thought that the trade would
> be exited if price fell more than 4% below low.
>
> What would happen if both happened during the day: the price went up
> more than %4 and low more than 4%. It seems to me that I am going to
> experience gain every time although we cannot say for 100% what
> happened inside the bar.
>
> Could somebody explain me how ApplyStop(stopTypeTrailing,3,4 ,1);
> work? It gave me just unbelievable results.
>
> Thank you,
>
> Radek
>
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