nrhp / Publications

Position Management

If an EA has this set up: Break even in Pips 5 Trailing Stop 25% Trailing Step in Pips 5 Would I be right that if EA goes in profit, then EA will not sell if EA is between 0-4 pips? Once over 5 pips, the EA will set a new Trailing Stop at 10 Pips and then new Trailing Stop every 5 Pips thereafter