Turning Trailstop into call function

• 01/05/2024 at 2:54 PM #225986
  Edvard

  Hi!
  I have some trailing stop code that I am trying to turn into a call function. Is this possible? I am running into difficulties I do not run into when just creating a call for a buy signal from an indicator.
  Thank you for any insight, and let me know if the question needs clarification!

  

  Edvard

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  01/05/2024 at 5:47 PM #226008
  robertogozzi

  It is not simple andquite impractical to use an indicator to manage your trailing stop in a strategy.

  You should communicate several parameters to the indicator:

  • the trade is either long or short
  • entry price
  • Initial SL and TP
  • final starting point
  • final step
  • last exit price calculated
  • any other data required by the trailing stop code to make correct calculations

  and it would return an updated exit price!

  You’d rather embed the code into your strategy.

   

  

  robertogozzi

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  01/08/2024 at 9:42 PM #226121
  Edvard

  Thank you for the response!

  

  Edvard

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