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Profit trailing – how exactly works

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Patrick

Customer, bbp_participant, community, 424 replies.

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7 years ago #115187

Hi,

 

how exactly works profit trailing? 

 

Patrick

thanks

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tomas262

Administrator, sq-ultimate, 2 replies.

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7 years ago #137407

Hello,

 

the difference is as following:

 

Profit Trailing a simple trailing stop that trails the Stop Loss specified distance from highest achieved profit. This condition is evaluated on open bar (not on every tick).

 

Stop Trailing more advanced trailing stop that can use a value of indicator or price (Open, High, Low, Close) to trail the Stop Loss. For example the rule can trail SL at Lowest(20) + 20 pips. This condition is evaluated on open bar (not on every tick).

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