Blocks

Short Description

"Trailing Stop" - A block that set a trailing Stop loss order linked to a given Position. Trailing step is set to a minimum of 10 pips.

Tooltips

Stop Loss - Integer. Number of pips defining the SL order. This parameter is mandatory.

ONE Flow: Out of this exit the flow will go only once till the next event.

SUBMIT OK - Out of this exit the order command is submitted successfully.

Trailing Step - Integer value in pips of the trailing step from the base price. Minimum step is set to 10 pips This is a mandatory field

Position - the Position or Order varaible identifying the parent order where the trailing step  is linked.

ORDER REJECTION -Out of this exit a rejection command is considered

Stop Loss Price Double

Main Description


"Trailing Stop " block is a way to set a Stop loss order with an automated trailing step. Similary as Jforex trading platform, it is based on a minimum step of 10 pips. Depending on the Position variable linked with, this block can achieve either single or mass trailing step SL orders. When associated to Position viewer for example , the user can send a trailing stop to every open position selected within the previous array.

The user should pay attention to the fact that this command (when sent) is not handled by the trading platform . The TS block have to be activated by the strategy to perform its job, in other words, the flow should go through the block so that the command is executed. If it doesn't, the SL order wont move according to the market price/base price.