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How
can I get the trailing stop to continue after it has been
breached ?
If the price action has moved to breach the trailing stop,
the trailing stop will stop at that point.
There
may be a case in reality where you want the trade to continue.
Simply
draw another PTP calculation tool on the bar following the
breach, or the breach bar itself.
Then delete the new 'Entry' and 'Scalp' Lines.
For completeness to get the 'Current Profit/Risk' figure
to show on the original 'Entry Price' line, delete the original
'Trailing Stop' and adjust the original 'Initial Stop' to
ensure it makes it past the breach point.
This
method can also be used to change the trailing stop during
a trade.
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Reference:
Q080627a
Written : 27 June 2008
Revised :
TESS Real Time - Version 1.1.14
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