Hi community,
I have two questions to ask about trailing stop which I am not certain about. I would like to know if trailing stop works regardless of the timeframe of chart? I supposed there isn't a difference when I choose a 1 min chart or a 120mins chart as that should be based on the live tick to make that trailing stop decision right?
The second question I would like to ask is that a right setup to see the Buy/Sell with trailing stop in the same bar? Is that work in live trading?
The reason I am asking as I want to make sure I have the right setup for trailingstop. Please feel free to share your insights/tips when using these kind of trailingstop as well. Thank you so much!
Trailing stop enquiry
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Re: Trailing stop enquiry
Hello kelvinhui9,
Trailing Stop does not depend on a selected timeframe.I would like to know if trailing stop works regardless of the timeframe of chart?
Yes, that is correct. Trailing Stop works right after the position on the same bar is opened.The second question I would like to ask is that a right setup to see the Buy/Sell with trailing stop in the same bar?