Trailing stops rejected

• 04/24/2024 at 12:40 PM #231886
  Leo440

  Hello everyone,

  I have an issue with trailing stops on GBP/JPY (30m and 1h) that I don’t understand. My orders are being rejected because the stop exceeds the maximum distance. When I go to IGs online platform I am able to execute the same trades without a problem.

  I have tried “trailing” and  “ptrailing” with the same result.

  The same problem occurs on AUD/CAD (1h), where I had a “ptrailing 95” fail. I contacted IG and was told my order sent with a 950,000,000 pip stop.

  I’m new to mechanical trading so any help much appreciated. Please see attached code.

  Many thanks!

  GBP/JPY

  if (myconditions) then buy PositionSize contract at market set stop ptrailing 210 endif

  1 2 3 4

  if (myconditions) then buy PositionSize contract at market set stop ptrailing 210 endif

  AUD/CAD

  IF (myconditions) THEN BUY PositionSize CONTRACT AT MARKET set stop ptrailing 95 ENDIF

  1 2 3 4

  IF (myconditions) THEN BUY PositionSize CONTRACT AT MARKET set stop ptrailing 95 ENDIF

   

   

  

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  04/24/2024 at 12:53 PM #231887
  GraHal

  Try below …

  IF (myconditions) THEN BUY PositionSize CONTRACT AT MARKET set stop ptrailing 95*pipsize ENDIF

  1 2 3 4

  IF (myconditions) THEN BUY PositionSize CONTRACT AT MARKET set stop ptrailing 95*pipsize ENDIF

   

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  Leo440

  

  GraHal

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  04/24/2024 at 1:16 PM #231888
  Leo440

  Seems ok with “trailing”, “ptrailing” produces an undesirable equity curve!

  Thanks for the quick reply GraHal, I’ll report back next time I get a signal.

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  GraHal

  

  Leo440

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  04/24/2024 at 2:01 PM #231889
  GraHal

  Leo440 wrote:

  “ptrailing” produces an undesirable equity curve!

  Have you optimised the p value to give a better equity curve?

  

  GraHal

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  04/24/2024 at 2:14 PM #231891
  Leo440

  See attached – the top is your code as written, the bottom is changed to “trailing 210*pipsize”  (95 is for AUD/CAD).

  It makes sense to me that your code as written will work live and solve the problem, so I’ve activated both versions.

  

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  04/24/2024 at 3:27 PM #231893
  GraHal

  Have you got ‘tick by tick mode’ enabled in both scenarios.

  Without seeing your full code, we would be guessing as to what is wrong, but the top curve sure isn’t going to turn out good! 🙂

  

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  04/24/2024 at 7:47 PM #231922
  Leo440

  Tick mode is on for both. This version got rejected earlier…

  rejected too

  if (my conditions) then buy PositionSize contract at market SET STOP trailing 210*pipsize endif

  1 2 3 4

  if (my conditions) then buy PositionSize contract at market SET STOP trailing 210*pipsize endif

  I’m running your code verbatim on a different timeframe GraHal, so I’ll report back when it triggers.

  It’s is a simple moving average crossover with a MACD filter, I don’t see how it could be messing with the stop. I will post as a last resort, once I’ve tried a couple of ideas I’ve got 😉

  It seems like the pipsize is wrong on PRT?  hmmmm

   

  

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  04/24/2024 at 8:05 PM #231924
  GraHal

  Try this version also to se if you get the same problem / Rejection …

  https://www.prorealcode.com/documentation/trailing/

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  04/24/2024 at 11:31 PM #231927
  JS

  Hi,

  I think you should use “SET STOP Trailing 210*pipsize*pipvalue”…

  The currency is in JPY in the currency pair GBP/JPY…

  (the price of GBP/JPY is about 193 so if you only use “pipsize” your 120 will be way above the maximum distance…)

  EDIT: pipsize=0.01 pipvalue=0.01 (JPY)

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  JS

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  04/24/2024 at 11:38 PM #231928
  JS

  “…your 120…” must be “…your 210″…

  

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  04/25/2024 at 7:51 AM #231932
  GraHal

  Are you trading DFB Leo440

  On UK DFB trading GBP/JPY pipsize = 1 … see attached.

  

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  04/25/2024 at 7:52 AM #231934
  GraHal

  Try …

  if (my conditions) then buy PositionSize contract at market SET STOP trailing 210*ticksize endif

  1 2 3 4

  if (my conditions) then buy PositionSize contract at market SET STOP trailing 210*ticksize endif

   

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  Leo440

  

  GraHal

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  04/25/2024 at 7:59 AM #231935
  Leo440

  JS wrote:

  “SET STOP Trailing 210*pipsize*pipvalue”…

  Thanks JS, I’ll add that one to the pile.

   

  GraHal wrote:

  Are you trading DFB Leo440

  No, cfd mini

  Currently trying to get an order through with this

  new idea

  if (my conditions) then buy PositionSize contract at market set stop $trailing 21000*positionsize endif

  1 2 3 4

  if (my conditions) then buy PositionSize contract at market set stop $trailing 21000*positionsize endif

  wish me luck!

   

  

  Leo440

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  05/02/2024 at 8:45 AM #232166
  Leo440

  JS wrote:

  “SET STOP Trailing 210*pipsize*pipvalue”…

  This underperforms on 30min, outperforms on 1hr (but with a worse equity curve) and fails on 2hr 🙁

   

  GraHal wrote:

  Try …
  

  Doesn’t work either sadly.

  I’m still getting the same rejection (attached). Is anyone actually trading GBP/JPY with proorder? Could this somehow be because I’m using the mini? I sent a help request through PRT and got an email back saying I should make a thread here *sigh*

  Thanks again for your suggestions guys.

  

  Leo440

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