Server TSL behaviour question
Created at 12 Aug 2016, 14:11
RK
Server TSL behaviour question
12 Aug 2016, 14:11
Hi:
TSL on cTrader used to work like a "high water mark" previously, example...
If Price=1000@buy, TSL = -100, effective SL = 900 Price changes +25, new price=1025, new SL = 925 Price changes -25, new price = 1000, SL remains at 925 Price changes +25, new price=1025, SL remains at 925
With server-based TSL, cTrader's behaviour is quite different...
If Price=1000@buy, TSL = -100, effective SL = 900 Price changes +25, new price=1025, new SL = 925 Price changes -25, new price = 1000, SL remains at 925 Price changes +25, new price=1025, SL changes to 950, effective TSL=-75
The first algorithm seems to be the correct one to me.
Please clarify which of the above behaviours we should expect to see in cTrader, and why/why not?
Thanks