Quote:
Originally Posted by phil838
Isn't that exactly what trailing stops do, or am I misunderstanding what you're saying?
|
If you set a trailing stop in MT4 at 50 pips, it doesn't start moving until you're 50 pips in profit as opposed to Oanda where it starts moving as soon as you're 1 pip in profit.
I'm sure there's custom script or expert somewhere that mimics Oanda's style but I haven't looked for it.