Get Support
Connect Tradingview to Tradovate

How To Configure Trail Stop: Video Explanation

Code

{
   "symbol": "{{ticker}}",
   "date": "{{timenow}}",
   "data": "buy",
   "quantity": "3",
   "risk_percentage": "0",
   "price": "{{close}}",
   "tp": "0",
   "sl": "0",
   "trail": "0",
   "update_tp": "false",
   "update_sl": "false",
   "token": "At1tGt9tTt8tWtE34534354t8tYtMtRt7",
   "duplicate_position_allow": "false",
   "reverse_order_close": "true",
   "account_id": "",
   "trail_stop": "0.25",
   "trail_trigger": "0.25",
   "trail_freq": "0.25"
}
trail_stopLoss

Trailing distance relative to the current price.

trail_trigger

Amount of profit in price-value before the auto-trail converts your stop to a trailing stop.

trail_freq

The amount of change that must occur before the trailing stop will move, or the granularity of updates. If set to the instrument tick size, this will cause the stop to move on every positive tick ("positive" relative to your current position).

trail

  • If trail is set to 0, it will not place the trade stop order.
  • If trail is set to 1, it will place the trade stop order.