Suggestion: Stop loss bar trailing in profit only

A stop loss mode which only begins to trail when it would not close at a loss

Isn’t this way right now? It’s actually how trailing stop works.

I didn’t know that :stuck_out_tongue:

I’m not sure if that’s accurate. As far as I understand trailing stop begins to trail as soon as the position is open, so it can trail at a loss. Can we get someone from PQ to comment on that perhaps?

It only trails in a positive direction, however, yes, it can still close at a loss.

As far as I understand the OP’s suggestion, it is that the SL should not move until it would trail at a zero/profitable result, then jump straight to it?

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Yes, that’s how i understood it as well.

yep, that’s what I meant