Topic: Trailing Stop does not keep Highest/Lowest S/L in Long or Short orders
Hello
I made an EA with FSB without Set Fix S/L and only use Trailing Stop Loss 305 point
I test EA on Strategy test MT4 and you see its report in attached image
as you can see EA opens Short position in order#1 (Ask price 1.10434 and S/L 1.10740 with spread 10)
in next step Market moves in our favor and EA modify order#1 with new lower S/L 1.10714
in next step again Market moves in our favor and EA modify order#1 with new lower S/L 1.10676
but in Step#3 Market moves in deposit our favor and Surprisingly EA modify order#1 with new Higher S/L 1.10725
and this process continues until the loss is more and more
why Trailing Stop does not keep lowest S/L(1.10676) until to Find new Lowest low For recalculate(Prev. Lowest low+TS point) new S/L?
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another my Question is:
is it possible to always adjust S/L above Long or below Short order Price by Trailing Stop Loss when the Market moves in our favor?indeed i want to set S/L dynamically into my profit
Thank you
