Re: MT DoubleShot Trailing Stops Questions

Originally from ticket #3555.

This is a follow-up to your previous request #3223 "Re: [MicroTrends Help Desk]..."

Hi Tom,
First of all I would like to thank you and your team for adding three levels of trailing stops to your latest version. This feature is certainly a big help.
Questions:1. Since now there are so many parameters, it is almost an impossible task to try to understand how all these parameters actually work. Have you yet developed a "comprehensive" user's manual with examples?
2. Is there a way to set up trailing stops parameters to achieve the following scenario:Long Trade:a) ProfitTarget: 24 ticksb) StopLoss: 24 ticksc) After 8-ticks of profit, move stop loss by 8 ticks higher. Stop loss to remain there untild) After a second 8-ticks of profit, move stop loss by another 8 ticks higher. Stop loss to remain there untile) After a third 8-ticks of profit, move stop loss by another 8 ticks higher.
In other words, the ONLY time the StopLoss moves is after a series of 8-ticks of profit. Thanks again,Marino

1. Help Desk only,You can search for answers, watch videos or ask questions.
https://microtrends.zendesk.com/forums/21696122-MT-Double-Shot-Strategy-Foundation

2.A Price trail type #3 will move stop continously by the type of trail and offset every tick.
Type=3
trigger=3
Offset=8.

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Tip! You can visit the help desk forum to see previous answered frequently asked questions:
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