Friends of the forum and Mark. I would need to implement a strategy with the following Trailing Stop:
– Just my profit is 4 pips (the stop loss was a 20 pips) the stop loss becomes equal entry point;
– If I go to gain a new one (1) pip the stop loss (equal entry point) moves 1 pip.
Thanks for the help.
I think I understand. You want to set SL to break even (entry price) once you reach 4 pips profit, and then trail it.
It is possible to do this using the settings in Enter at Market/Stop/Limit.
You have to set:
TS Activation Level to 4 – this will activate trailing stop once you are 4 pips in profit
Trailing Stop to 4 – once TS is activated it will trail SL by 4 pips
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