Auto trailing stop loss fail

BUY ORDER PRICE 120.85
NEXT CANDLE OPENS AT 122.75
SO 120.85-122.75= +1.79
LOW IS 122.40
MADE HIGH OF 128.40 SO FROM LOW TO HIGH PRICE WENT +6
AND CANDLES CLOSES AT 126.80 -2
AND I HAVE KEPT JUMP OF 5 POINTS
SO WHEN PRICE TRIGER AT 125 IT SHOULD HAVE JUMP TO 128

FURTHER NEXT CANDLE OPEN AT 125.90 AND LOW IS 125.90 AND HIGH IS 137.25

SO PRICE SHOULD HAVE FURTHER TRAIL FROM 128 TO 137
1


Hi @YUVRAJSINH

We checked and found that you have placed a sell order at Rs. 125.40. Now when the price is at Rs. 126 (known as reference price), you place a TSLO as below:

Trigger - Rs. 125.40
Limit - Rs. 125
Trailing jump - Rs. 5
Meaning if the prices moves back up to Rs. 125.40, position will be squared off at the best rate available between Rs. 125 to Rs. 125.40

Price moves to Rs. 128.40, Trigger will stay at Rs. 125.40 and Limit at Rs. 125 [Because the jump is Rs. 5 and it will only move if the market reaches 131 (126 (ref. price) + 5 (jump)]

As the market didn’t went above the price movement of 5 and moves back to your trigger price. Hence, the order has been executed at a given price range.

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