Script Function - Order Operation Trailing Stop v2.0
Mon, 05/30/2011 - 02:25 | admin 0 comments
Settings control the trailing stop function. version-2.0
Introduction
Trailing Stop use for maximum the profit still keep the risk in control.
Parameters
- UseTrailStop
- Bool: Whether to use the Trailing Stop function.
- TS_StealthMode
- Bool: Whether using TrailStop in Stealth Mode, hiding from the broker, not visible in the statement data. It's very usable to avoid the freeze level.
- TS_Pips
- Double: In Pips, Auto fits 4,5,6 and more, all digits platforms. The price gap between the most profitable price the opening order had encountered and the StopLoss pirce.
- TS_StartPips
- In Pips. Default valuse 20 means Trailstop function will trigger after profit reach 20 pips, if set it the same as TS_Pips, it would be start after breakeven. If set to 0, Trailstop function will trigger immediately after the order open.
- TS_MovingRange
- Double: In Pips, Auto fits 4,5,6 and more, all digits platforms. Moving pips as chunk. If set larger than 0, the stoploss will only set every range of pips reached.
