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Simple % trailing stop
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Simple % trailing stop
How do I create a simple % trailing stop ATM strategy? All I want is to enter a trade manually using chart trader and have a pre defined % trailing stop as the stop strategy. I'm trading equities only. All of the instructions and videos in the manual use futures and complicated stop strategies as examples which are confusing the heck out of me.
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Hello,
Unfortunately this is not possible with our regular ATM strategies, however it is possible to create this in our strategy wizard. If you decide to use this feature this step can be accessed on the last page where you can choose your trailing stop you will need to select "CalculationMode.Percent". Please input a decimal such as 0.1 = 10%.
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