Trailing stop help

  •  03-08-2009, 1:30

    Trailing stop help

    In indicator builder, how would I program a basic trailing stop. In pseudo type language
    ( after buy signal put a stop 20 ticks below low of last 3 bars, then after 1 period put stop 20 ticks below the low)

    so in a uptrend, the stop would be 20 ticks below the low of the previous bar. hope this makes sense, any help would be appreciated



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