RE: [EquisMetaStock Group] Trader Nexus Advanced Trailing Stop

["Jose Marcio Locatelli" <jmlocatelli@xxxxxxxxxxxx>]

Title: Message

Hi Todd,

 

This is the proper behavior based on the ATS description. It plots a traling stop from the specified entry date, and when the stop is reached, it became flat.

The description from TradeNexus site: "If any of your stops are hit, the Stop Loss line will continue to be drawn across the screen. This is good for your psychologically if you can't get out of a trade. It'll keep telling you to get out! The line will not trail the price any further (it will be flat) just to re-emphasise that you should be out of the trade."

 

regards,

j locatelli

-----Original Message-----
From: Todd M. Kreuser [mailto:tmkfnllc225@xxxxxxxxxx]
Sent: terça-feira, 29 de março de 2005 12:22
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Trader Nexus Advanced Trailing Stop

Hello All,

 

I have downloaded the Advanced Trailing Stop v1.1 from www.tradernexus.com.

 

When I apply it to a chart, the ATR line shoots straight up way over the price and just hangs there flattening out - never adjusting.  What am I doing wrong?????


Thanks,

Todd

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