Would someone be able to explain to me how effective in play automation is in terms of trailing stop loss?
Is it a viable option or are markets too volatile.
I would really like to include it in my strategy but struggling in practice mode to figure things out.
In play Automation
It's not something I'd recommend (trailing or fixed stop loss), their main drawback is they only trigger once which more often than not won't get matched.
If you want to use one I'd use a rule to trigger a green up order if a loss or price is exceeded, they are still never guaranteed but can at least can be instructed to trigger multiple times so will have a higher success rate of getting matched than a fixed and trailing stop.
If you want to use one I'd use a rule to trigger a green up order if a loss or price is exceeded, they are still never guaranteed but can at least can be instructed to trigger multiple times so will have a higher success rate of getting matched than a fixed and trailing stop.
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Philjones23
- Posts: 4
- Joined: Fri Apr 26, 2019 11:45 pm
Hi Dallas,
Thanks for response. Sorry to be a pain but how do I add that in.
Take off global settings on the back bet.
Add in new line of automation for close trade on selection with greening with condition of profit less than a minus figure?
Appreciate the help.
Thanks for response. Sorry to be a pain but how do I add that in.
Take off global settings on the back bet.
Add in new line of automation for close trade on selection with greening with condition of profit less than a minus figure?
Appreciate the help.