How to add a trailing stop relative to price / profit target

[alexg]

The offset never moves, its only the trailing stop that moves
So in your example, you will be matched at 2.0 if the price trades there before triggering and being matched by your stop

Hey Dallas thank you for your reply. Is there any workaround for that? My goal is to get the full profit if the horse but still have some safety with a stop loss
Thank you

[Dallas]

The offset never moves, its only the trailing stop that moves
So in your example, you will be matched at 2.0 if the price trades there before triggering and being matched by your stop

Hey Dallas thank you for your reply. Is there any workaround for that? My goal is to get the full profit if the horse but still have some safety with a stop loss
Thank you

What you're effectively asking is for the offset to continually be pushed forward so just using a large number of offset ticks to begin with (ie, 200 ticks) to put the offset at 1.01 would be the same thing

[alexg]

The offset never moves, its only the trailing stop that moves
So in your example, you will be matched at 2.0 if the price trades there before triggering and being matched by your stop

Hey Dallas thank you for your reply. Is there any workaround for that? My goal is to get the full profit if the horse but still have some safety with a stop loss
Thank you

What you're effectively asking is for the offset to continually be pushed forward so just using a large number of offset ticks to begin with (ie, 200 ticks) to put the offset at 1.01 would be the same thing

Yes thats exactly what I want. In that case, if I use 200 ticks offset to get the full profit if the horse wins and then use a trailing stop trigger of 10 ticks and place at 15, If I get matched at 3.0 and the price drift back will the trailing stop trigger at 3.5 and place at 3.75? Or the trailing stop will be based on the 200 ticks offset?

[Dallas]

Hey Dallas thank you for your reply. Is there any workaround for that? My goal is to get the full profit if the horse but still have some safety with a stop loss
Thank you

What you're effectively asking is for the offset to continually be pushed forward so just using a large number of offset ticks to begin with (ie, 200 ticks) to put the offset at 1.01 would be the same thing

Yes thats exactly what I want. In that case, if I use 200 ticks offset to get the full profit if the horse wins and then use a trailing stop trigger of 10 ticks and place at 15, If I get matched at 3.0 and the price drift back will the trailing stop trigger at 3.5 and place at 3.75? Or the trailing stop will be based on the 200 ticks offset?

The trailing stop will trigger and place at the number of ticks you have specified for it
This thread might help
viewtopic.php?f=47&t=11746&p=105442

[alexg]

What you're effectively asking is for the offset to continually be pushed forward so just using a large number of offset ticks to begin with (ie, 200 ticks) to put the offset at 1.01 would be the same thing

Yes thats exactly what I want. In that case, if I use 200 ticks offset to get the full profit if the horse wins and then use a trailing stop trigger of 10 ticks and place at 15, If I get matched at 3.0 and the price drift back will the trailing stop trigger at 3.5 and place at 3.75? Or the trailing stop will be based on the 200 ticks offset?

The trailing stop will trigger and place at the number of ticks you have specified for it
This thread might help
viewtopic.php?f=47&t=11746&p=105442

Thanks a lot!