Working principle of applystop - trailingstop mode percent

AFL Programming
#1

Hello,

I'm probably missing something in the knowledge base but how does the trailstop % work in the applystop function? Is it based on a % of the high or as a % on the close? I was trying to achieve a 25% trailing stop on the high of the trade with the code:

trailstop=25;
ApplyStop( stopTypeTrailing, stopModePercent, 25, 1);

However my manual calculation does not equal the % trailstop in the trades.

Thank you for your help.

Robin

#2

Check this out, maybe it will help you in your tests, seeing the behavior of the stop in each mode.

#3

Thank you for the suggestion. I found out how the trailstop works and it's the way I was hoping for. It's indeed calculated from the maxhigh in the trade.

1 Like
#4

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