How to calculate 'STOP MOVE' for Trailing Stop
Posted: Sat Aug 04, 2018 7:04 am
Hi,
I am using ForexConnect API to develop my own trading interface.
I would like to calculate the 'Stop Move' (like in Trading Station) when an open position has a Dynamic Trailing Stop.
But I don't know how to do this.
Could you help me please ? If possible, it would be great if you could give me the complete formulas for long position and short position.
Regards,
Ron
I am using ForexConnect API to develop my own trading interface.
I would like to calculate the 'Stop Move' (like in Trading Station) when an open position has a Dynamic Trailing Stop.
But I don't know how to do this.
Could you help me please ? If possible, it would be great if you could give me the complete formulas for long position and short position.
Regards,
Ron