Hi,
How do you set the parameters in order to have Trailing Stop and
Profit Target working together? I want to trade with 1 bar delay and
trade on next bar Open.
The settings I use is as follows.
SetOption("AllowSameBarExit",1);
SetOption( "ActivateStopsImmediately", 1);
SetTradeDelays( 1, 1, 1, 1 );
BuyPrice=Open;
SellPrice=Open;
ApplyStop(stopTypeProfit,stopModePercent,ProfitTarget,1,True,0 );
ApplyStop(stopTypeTrailing,stopModePercent,TrailingStop,2,True);
This does not work as the Profit Target has higher priority than the
Trailing Stop so if a Trailing Stop is hit because of the previous
bar H-L range then it should exit on next day Open instead of hitting
the Profit Target on the same day. If I could change the priority
order, then it would probably be OK.
Do you have an idea how to solve this?
Thank you.
Br,
Zozu
