Go Back   BabyPips.com Forex Forum > Main Discussion > Newbie Island
Trailing Stop Trailing Stop
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read Chat Room


Newbie Island This forum is for Forex beginners. If you are new to the Forex and have a question, this is the best place to ask it. If you're looking to learn Forex, get your training and education at the School of Pipsology.

 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 07-04-2009, 11:25 AM
 

Join Date: Oct 2008
Posts: 3
Default Trailing Stop
A Trailing Stop moves the Stop Loss level once it’s “in the green” by the defined Trailing Stop Level. What I'm looking for is a Trailing Stop that moves as soon as the price moves in the right direction by 1 pip. Example:
Price: 1.5050. Stop Loss: 1.5000. Trailing Stop: 50 pips. Now price moves to 1.5051, Stop Loss moves to 1.5001 etc. Any ideas for MT4? Thanks in advance.
Reply With Quote
 



« Previous Thread | Next Thread »
Thread Tools
Display Modes
Threaded Mode Threaded Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -4. The time now is 06:10 PM.
Content Relevant URLs by vBSEO 3.3.1
"The harder I work, the luckier I get."
Samuel Goldwyn
Feedback Form