SQX Trailing Stop — updted ON CLOSE?
1 replies
Csaba
4 years ago #242453
Hi!
I made a visual backtest (SQX strategy) and I wanted to see, how the trailing stop and trailing stop activation in the new version works.
I thought, that it will be activated immediately, if the profit is in X pips. But I guess, the activation and the trailing stop itself will be activated just ON CLOSE, if the bar closes.
Is it right? I am a bit surprised, because I thought, the trailing stop will follow the price very flexible…
BRG: Csaba
tomas262
4 years ago #242459
Hello,
in MetaTrader 4 the trailing stop is managed by the sqManageOrders function which is evaluated on bar open event
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