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Dear sirs.
Required to realize in TradeSim this:
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This stop closes an open position when a specified amount (i.e.,
Profit Risk) of the current position's profits are lost.
Each time a position's profits reach a new high, the Trailing stop is
placed at a level that allows a specified portion of the position's
profits to be lost. You specify the amount of the loss in the Profit
Risk box (using either Percent or Points method).
MetaStock allows you to specify the number of periods to ignore. For
example, if you specify "4" for the Periods, then the Trailing stop
will lag by four periods. This means that the last four periods'
profits or losses will be ignored when determining the current stop
level. This filters out any price swings (up or down) that occur
during the last four periods.
This stop is designed to lock in profits, not to limit losses. The
Trailing stop only limits the amount of profits that can be lost.
Losses are limited by the Maximum loss stop (see Maximum loss ).
Since trailing stops are determined by the profit level, not the price
level, no special considerations exist for short positions.
Example: 5% is specified for the Profit Risk, 0 for the Periods, and
your current position has a profit of $100.00. The stop would be
triggered if the change in the security's price caused your profits to
drop to $95.00 (or less).
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(Citation from the MS help)
It's possible?
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