Clarity regarding Trailing Stop-loss

  1. What trigger price in trailing stop loss mean.
  2. Whats a trailing jump
  3. By default sl moves to up with 1 rupee for 1 rupee increse in stock price
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Hi @Harish3

  1. This is similar like a normal stoploss (trigger & limit price), you need to create a range with a jump price.

  2. &3. Trailing jump refers to the price when your stoploss moves upward as per the price defined. (share an TSLO example)

@Harish3 you can also watch a video on TSL here.

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If I set jump as 1, for every increase/decrease in price by 0.01 the Stoploss will move in the price direction by 0.01. Right? @Divyesh @iamshrimohan

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And also provide me with the underlying formula used in calculating implied Volatility, Annualized or historical volatility & forecasted volatility of a stock by dhan @Divyesh
@iamshrimohan

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+1, I am also little confused regarding the same. An in-depth guide would be really helpful.

Ohh thanks bro for simple explanation, appreciated :slightly_smiling_face::+1:

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Exactly, Canโ€™t it happen for 0.01Rs increase in price, for some stocks even 1rs in change is quite lot @Divyesh

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the best part of dhan is jump stoploss it is very healp full product of dhan i am using it very much i mostly use trailing sl most coz it is very easy to avoide big losses in such unexpected spikes are coming in market now a days :smile:

Blockquote

A trailing SL has limit & trigger price.
is it the stoploss price from which we be trailing.
But there isnt any jump in sl & Trigger price as the price move in the direction of my will
Let say I bought a share at 100Rs, I set the trailing sl with limit price at 90Rs, trigger price at 90.50 & the jump as 5Rs. Say the stock price went to 105Rs, the limit price should move to 95 from previously set 90. But its not happening when I place it.
@Pranita @PravinJ @prikulkarni @Poornima @MahimaShah

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@Champion_Trader Yes thatโ€™s correct. The jump is for LTP and making it based on percentage would not be possible as such, reason being in the exchange we have to send order wrt price and not percentage. So we need to keep on computing real time LTP and corresponding SL price (rounded off to tick size) which may cause heavy calculations (imagine doing this for so many clients and so many scrips)

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Why isnโ€™t it working for me, I see no change in limit price & trigger price with price moving in my desired direction. And also, It always remains as pending order (is this normal)

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@Harish3 Iโ€™ll try to replicate an order and share with you

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And forever OCO order would be very helpful if it comes during the orders placement itself. Anything that can be ordered, needs to be in the order window. That would make my life a bit easier.

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yes

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Not working in dhan ,if you buy anything on 100 keep limit and trigger at 110 120 and jump at 5 points , the trade even if moving up it gets executed at 120 even if the price moves upto 150 no jump is going just gets cut