How to use Trailing stop in cTrader

odomike
23 Sep 2012, 08:33

Does it mean that this is not possible? Can someone please respond with a solution? I really like the cTrader and cAlgo but without trailing stops, no FX trader is complete. Something has to be done about this soonest possible.

Thank you.

admin
24 Sep 2012, 12:49

Hello odomike,

This feature will be available very soon. Stay tuned.

odomike
24 Sep 2012, 17:02

Ok admin. I wil be checking here regularly. I need trailing stop to start working fully on cTrader. I am actually in the process of completely dumping MetaTrader and switching to cTrader and without trailing stop, I cant complete my transition to cTrader.

Thank you.

SpotTrader
02 Oct 2012, 11:21

Is there a way to do it via cAlgo guys?

admin
02 Oct 2012, 12:38

Yes. Please refer to Sample Buy Trailing and Sample Sell Trailing Robots in cAlgo as examples to code trailing stops.

ashikrobi
14 Feb 2013, 08:33

Where is volume indicator?

The trailing stop is very important to me. I thought to open an account with this ctrader platform but find trailing stop, volume indicator is missing. So if these weakness is fixed i will open my account and will start trading. I need a volume indicator like dukascopy. mt4 also has it. why not in ctrader?

moneymax
28 Feb 2013, 09:32

Trailing Stop

Trailing stop.  Please.  The only thing that stops me from going live with ctrader, and I dont want to use ALgo for this.  PLEASE...begging now lol......

cAlgo_Fanatic
22 Apr 2013, 11:49

Trailing stop will be available very soon. In the meantime you may use the sample robot "Sample Trailling Stop" in cAlgo to trail your open positions by supplying the position ID as an input parameter.

ntfs
16 May 2013, 18:02

more than trailling stops

Hello!

I have used cTrader for about 2 months now and plan to stay within this product as my company does not yet support MT5 which I love a lot. However cTrader has its' advantages for example "typing for choosing current symbol, in some cases better than in MT5 order handling and inplace template deletion\saving, to name a few. What I would like to see in future updates:

+ trailling stops of couse. About a year passed since you first time said "soon" :)

+ ability to set points to risk in each position, not only fixed price for SL. Drop down list with predefined numbers like 10, 20, 30, 50, 100, user defined pips to set SL

+ being able to hide unnecessary data while trading. For example I don't really need to know current drowdown and equity, I would like to hide that info. Pips are all I need to see.

Please respond with a possible timeframe to implement those 3 features. Please use "matter of weeks, matter of months" rather than just soon :) 

Thank you! cTrader is a good terminal

cAlgo_Fanatic
23 May 2013, 12:46

Trailing Stops will be released in approximately one month. For the time being there is a Sample Trailing Stop Robot included in cAlgo which you can use to trail positions by their ID.

Stop Loss is already entered in pips not fixed price.

We will consider the last request. You can however disable Gross and Net EUR columns (profit) by right clicking in the columns in tradewatch and selecting the ones you want to see.

Mocean
06 Jul 2013, 03:17

When adding the Trailing Stop please also add:

Move SL to Break-Even + X pips after Y pips Profit

Also - can a Robot be set to manage any pair? I have a Trade Manager EA on MT4 that sits on one chart but manges any open trade. It has the Break-Even function plus many TP settings. I would hate to have to open an instance for fro every trade and match it's trade ID.

facestockvn
15 Oct 2013, 15:38

RE:

cAlgo_Fanatic said:

Trailing Stops will be released in approximately one month. For the time being there is a Sample Trailing Stop Robot included in cAlgo which you can use to trail positions by their ID.

Stop Loss is already entered in pips not fixed price.

We will consider the last request. You can however disable Gross and Net EUR columns (profit) by right clicking in the columns in tradewatch and selecting the ones you want to see.

Dear Sir,

I want to use a trailing stop orders in wait, how? Trailing stop with orrders by sell stop or buy stop in Orders Tab cTrader.

Please help me!

Thanks and best regards!

mefi
02 Dec 2013, 23:19

RE: RE:

today I started to try cTrader, very beautiful, but without the trailing stop is useless to me.

Spotware
03 Dec 2013, 09:52 ( Updated at: 23 Jan 2024, 13:14 )

RE: RE: RE:

mefi said:

today I started to try cTrader, very beautiful, but without the trailing stop is useless to me.

 

Trailing stop for existing positions was implemented a few months ago. Please visit [/forum/whats-new/1317]

We will also implement trailing stop for pending orders in the future.
 

mefi
03 Dec 2013, 10:56 ( Updated at: 23 Jan 2024, 13:14 )

RE: RE: RE: RE:

wow :)
thank you, I apologize for the distraction

mefi said:

today I started to try cTrader, very beautiful, but without the trailing stop is useless to me.

 

Trailing stop for existing positions was implemented a few months ago. Please visit [/forum/whats-new/1317]

We will also implement trailing stop for pending orders in the future.
 

philipduffney
27 Aug 2014, 00:08

RE:

admin said:

Yes. Please refer to Sample Buy Trailing and Sample Sell Trailing Robots in cAlgo as examples to code trailing stops.

 

 

PLEASE PLEASE PLEASE add trailing stop, my hands are tiring of changing it manually constantly and I do not want to switch to MT4 but may have to.

Spotware
27 Aug 2014, 16:01 ( Updated at: 23 Jan 2024, 13:14 )

RE: RE:

philipduffney said:

admin said:

Yes. Please refer to Sample Buy Trailing and Sample Sell Trailing Robots in cAlgo as examples to code trailing stops.

 

 

 

PLEASE PLEASE PLEASE add trailing stop, my hands are tiring of changing it manually constantly and I do not want to switch to MT4 but may have to.

Trailing stop for existing positions was implemented a few months ago. Please visit [/forum/whats-new/1317]

RhettG
10 Sep 2014, 13:13

Hi

Thanks for an excellent tool. I'm rapidly growing to love cTrader.

Could you elaborate on exactly how the trailing stop is working please? When does it decide how much and modify the stoploss according to the rules? I've been placing trades (in demo), applying the trailing stop once they execute, waiting the required pips for them to activate, and watching them follow the price as expected. However I don't see them update the stoploss at the end of a bar (sometimes it updates during the time period) and I'm not sure if its updating the stoploss according to the close, high/low (for long or short trades), or what.

Thanks

RhettG

Spotware
10 Sep 2014, 14:28

RE:

RhettG said:

Hi

 

Thanks for an excellent tool. I'm rapidly growing to love cTrader.

Could you elaborate on exactly how the trailing stop is working please? When does it decide how much and modify the stoploss according to the rules? I've been placing trades (in demo), applying the trailing stop once they execute, waiting the required pips for them to activate, and watching them follow the price as expected. However I don't see them update the stoploss at the end of a bar (sometimes it updates during the time period) and I'm not sure if its updating the stoploss according to the close, high/low (for long or short trades), or what.

Thanks

 

RhettG

You can find an explanation there:

http://help.spotware.com/trading/positions#advanced_protection

RhettG
10 Sep 2014, 15:04

Thanks for the reply.

The web page says "Every time the position moves higher than 1.35300, the stop loss will also move the same distance upwards. The trailing stop will never retreat or move down from its new position."

My question is when exactly is the new stop loss calculated? I am watching 1 minute charts and I see the price move per tick but the stop loss doesn't update for every tick of movement. Right now I am watching an open short trade with an active trailing stop and as the price drops I see the trailing stop update 20 seconds into the minute bar and sometimes 40 seconds into the minute bar but it doesn't even update the trailing stop when the minute close was more than the set amount below the previous stop loss. At one point now, with a trailing stop setting of 3 pips, the stop loss was at 2.7 pips of profit, the close of the previous bar was at 6.2 pips profit and the instantaneous tick was at 6.4 pips of profit. A few seconds later (20 seconds into the minute roughly) the last tick showed 6.1 pips of profit and the stop loss updated to 3.1 pips.

Forgive me I know I'm being pedantic and this is extreme scalping but it is a demo account and I'm really just trying to understand the mechanisms. For reference on my stock market broker I set trailing stops to trigger if the current market price drops by a set amount from the previous day's close or the previous day's limit, whichever is lower. This works well and I completely understand it.

Thanks

Spotware
10 Sep 2014, 16:18

RE:

RhettG said:

Thanks for the reply.

The web page says "Every time the position moves higher than 1.35300, the stop loss will also move the same distance upwards. The trailing stop will never retreat or move down from its new position."

My question is when exactly is the new stop loss calculated? I am watching 1 minute charts and I see the price move per tick but the stop loss doesn't update for every tick of movement. Right now I am watching an open short trade with an active trailing stop and as the price drops I see the trailing stop update 20 seconds into the minute bar and sometimes 40 seconds into the minute bar but it doesn't even update the trailing stop when the minute close was more than the set amount below the previous stop loss. At one point now, with a trailing stop setting of 3 pips, the stop loss was at 2.7 pips of profit, the close of the previous bar was at 6.2 pips profit and the instantaneous tick was at 6.4 pips of profit. A few seconds later (20 seconds into the minute roughly) the last tick showed 6.1 pips of profit and the stop loss updated to 3.1 pips.

Forgive me I know I'm being pedantic and this is extreme scalping but it is a demo account and I'm really just trying to understand the mechanisms. For reference on my stock market broker I set trailing stops to trigger if the current market price drops by a set amount from the previous day's close or the previous day's limit, whichever is lower. This works well and I completely understand it.

Thanks

The stop loss is updated every pip for technical reasons (to minimize server requests)

thanks

oreste.jr
03 May 2024, 11:00 ( Updated at: 03 May 2024, 14:50 )

RE: How to use Trailing stop in cTrader

odomike said: 

Does it mean that this is not possible? Can someone please respond with a solution? I really like the cTrader and cAlgo but without trailing stops, no FX trader is complete. Something has to be done about this soonest possible.

 

Thank you.

A fast, dynamic and customizable ticket is lacking on almost all trading platforms. And there's also the issue that this can even get worse from broker to broker, as the platform changes its tools. The best ticket I've seen so far is from Ninja Trade 8. People should draw inspiration for their improvements from it. A bad tool is synonymous with poor quality work.