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TRAILING STOP SETTINGS |
EricC
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Post subject: TRAILING STOP SETTINGS |
Post rating: 0
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Posted: Sat 11 Jan, 2014, 11:15
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User rating: 0
Joined: Sat 11 Jan, 2014, 11:06 Posts: 16 Location: SloveniaSlovenia
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Hello,
I'm new to JFOREX-u and I want to know how to use trailing stop order. It's VALID ONLY IN LIVE AND NOT A DEMO. Or you can manually set only after the order.
Thanks for the comments.
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dirk_r1
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Post subject: Re: TRAILING STOP SETTINGS |
Post rating: 0
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Posted: Thu 16 Jan, 2014, 08:43
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Visual JForex expert at Dukascopy |  |
User rating: 27
Joined: Fri 03 May, 2013, 18:25 Posts: 366 Location: GermanyGermany
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It is working on DEMO and on LIVE.
Here is how our trailing stop order work:
The moment when you add a trailing STEP to your SL order, the system will read current market rate and define this as 'base price'. Note that a new base price is set each time the order is modified. The step distance is now measured from that base price, meaning: when the market rate has traveled a distance which is at least the step-pips amount from the base price, at this moment the SL order will be moved by the step-pips, at the same time the new current market rate will be defined as new base price.
Regards
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EricC
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Post subject: Re: TRAILING STOP SETTINGS |
Post rating: 0
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Posted: Fri 17 Jan, 2014, 09:41
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User rating: 0
Joined: Sat 11 Jan, 2014, 11:06 Posts: 16 Location: SloveniaSlovenia
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Hi dirk,
Thanks for detailed comments.
Regards
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