Maritimes, Canada
Posts: 9 since Nov 2010
Thanks Given: 0
Thanks Received: 1
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Hello to all... with "SetDollarTrailing", does anyone know if it's possible (a workaround?) to set a "floor" amount that must be reached before it gets activated - similar to the "SetPercentTrailing" command?
And speaking of "SetPercentTrailing", please consider this little example - I am trading the Dow emini (YM) and in my long position (1 contract) I currently have a MaxPositionProfit of say, $210 (ie. 42 points). Lets say I have a 10% trailing stop using SetPercentTrailing, this will set my stop at $21 below the high price point. So at $5 per point on the Dow Emini, this is $21 divided by 5, equals 4.2 points. Does the SetPercentTrailing command internally "round" this value up or down? In other words, will my stop be placed 4 points below the high, or 5 points below the high?
Thanks!
Shawn
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