Support Board
Date/Time: Tue, 17 Jun 2025 03:53:18 +0000
Post From: How to initiate a Trailing Stop n ticks from market?
| [2025-04-16 18:48:26] |
| User512353 - Posts: 76 |
|
The attached child order would effectively act as a trailing stop loss. Example: Primary order: Trail.Stop Offset:6t Child order: Trail.Stop Offset:4t (in other direction as the primary order) Initiate primary Buy order at Market=100.00 => Prim.Order= Stop Buy 101.50 Market goes down to 90.00 => Prim.Order= Stop Buy 91.50 Market goes up to 91.50 => Prim.Order filled (Inventory= +1) and Child Order= Stop Sell 90.50 activated Market goes up to 95.00 => Child Order= Stop Sell 94.00 Market goes down to 94.00 => Child Order filled (Inventory=0) Somewhat simplified, but illustrates what I want to achieve. Is that what you described as "Trailing Target order"? |