Profit trailing – how exactly works
1 replies
Patrick
7 years ago #115187
tomas262
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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