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Trailing stop didn't move correct
 Post subject: Trailing stop didn't move correct Post rating: 0   New post Posted: Sun 19 Aug, 2012, 15:44 

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Joined: Fri 17 Feb, 2012, 17:51
Posts: 1
Location: GermanyGermany
Hello,

I use the jforex platform and the trailing stop option is essential for my trading, but I had to recognize that the trailing stop offferd didn't move as close as it should. For example the position ID: 15163685 GBP/CHF long.

Entry @ 1,5136, SL set @ 1,5049, Trailing-SL = 91 pips
High @ 1,5372 = 236 Pips profit
Current SL-Level @ 1,5231 = 95 Pips

This means, that the trailing stop moved 186 Pips in direction as the currency pair moved 236 Pips --> 50 Pips are currently missing.

I had more positions on which the Trailing SL was lacking. Maybe anyone can fix the problem or can explain, why the trailing stop isn't moving as close as it should?!

kind regards


 
 Post subject: Re: Trailing stop didn't move correct Post rating: 0   New post Posted: Fri 07 Sep, 2012, 16:36 
JForex Master
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Joined: Wed 16 Sep, 2009, 18:23
Posts: 1054
Location: Geneva, Switzerland
We have different Traling method than you might be used to. We allow setting Trailing step. In your case, the Stop level is moved after every 91 points if the trailing step is 91.

"The trigger price is adjusted once the market price moved from a value equal to the trailing step defined by the trader in a direction coherent with the order side. "

https://www.dukascopy.com/wiki/#Stop_Loss_Order


 

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