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Kris

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Posts: 347

Joined: 4/20/2006
Location: JNB, ZA

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Subject : RE: Two Bar Trailing Stop
Posted : 6/27/2007 2:48 PM
Post #5503 - In reply to #5126

Yes, it is a through-stop, i.e. one doesn't get stopped prematurely by the high/low (candle) wigs. The market has to close below/above the stop level for it to actually close the position.

To see an exaple check the picture attached to the HOLP system post: http://www.omnitrader.com/omnitrader/proforum/thread-view.asp?threadid=1044&posts=2

Cheers, Kris

Deleting message 5503 : RE: Two Bar Trailing Stop


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