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Date/Time: Wed, 24 Apr 2024 12:12:52 +0000



Post From: Offering To The Community: Brett's Multi-Function Trailing Stop

[2015-10-21 17:49:34]
bjohnson777 (Brett Johnson) - Posts: 284
User47643

The "Did you read the instructions?" settings is actually enable/disable. Since this trade program is a bit different from most, I use it as a reminder to check the documentation page so users don't get a surprise. When the program is disabled, nothing gets updated or executed. It is fully disabled.

For "Same As Region", I just added code to make that permanent. I'm not sure why SC sometimes doesn't line up the graphs with the bars, but you found the necessary fix. I'll release a minor revision update probably in a few days.

"Chart Trade Mode On" is required by SC for some features. I know the Safety Trailing Stop, which is a normal Trailing Stop from SC's view, needs it to update properly. Always enable the Safety Trailing Stop for safety reasons in case connectivity is lost to the trade server. I usually move the Safety Trailing Stop far enough away that a bar whisker / stop run won't immediately hit it. If connectivity is lost, the trade server will have a plain Stop at the last known position to prevent a catastrophe in case the market turns against you. Ideally the Safety Trailing Stop will never be needed and will never be hit, but Murphy's Law tends to dominate and say otherwise.

I think "Chart Trade Mode On" was used by something else, but I can't remember off hand. SC documentation is vast and I can't find it in a quick search.

The chart and TradeDOM following each other is an internal function of SC. Actually, it's probably the chart and TradeDOM following the symbol's internals, peeking under the hood. My program should be following this also, as you have already noted. I have some extra code to make sure it does to avoid any "surprises". If you ever see an update that doesn't track, please take good notes on how to reproduce it as I'll need to fix that.

Enjoy