• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Trailing stop: pip for pip or lagging

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Trailing stop: pip for pip or lagging

    Newbie here, I know just enough to get really lost. When trading on FXCM directly and I put a 15 pip trailing stop, FXCM will move the stop up only after another 10 pip increase (it doesn't trail pip for pip). For example with a price at 24, a trailing stop 15 pips behind at 9, the price has to advance to 34 before the trailing stop moves; at the price of 34, it will move up to 19. This is really bad because if the price goes to 33 and then backs up, I won't lose 15 pips, I'll lose 24. (33 - 9). Talk about a bad fill!
    Can Ninja trader circumvent this and trail the price precisely pip for pip?

    #2
    Yup. Please check out the instructions and video here http://www.ninjatrader-support.com/H...html?AutoTrail

    So you might want to do something like Stop Loss = 5, Frequency = 1, Profit Trigger = 1. What that will do is this. "Once we have 1 pip in profit, move the stop loss to be 5 pips away. When we get an additional pip in profit we want that stop loss to raise."
    Josh P.NinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by patpat, Today, 11:02 AM
    0 responses
    0 views
    0 likes
    Last Post patpat
    by patpat
     
    Started by MrSomebody, Yesterday, 10:34 PM
    1 response
    13 views
    0 likes
    Last Post NinjaTrader_ShawnB  
    Started by third monkey, Today, 06:33 AM
    1 response
    2 views
    0 likes
    Last Post NinjaTrader_ShawnB  
    Started by mquinteroj, Yesterday, 07:21 PM
    1 response
    9 views
    0 likes
    Last Post bltdavid  
    Started by catinabag, Today, 09:09 AM
    1 response
    5 views
    0 likes
    Last Post catinabag  
    Working...
    X