How do you translate Tradestation's SetPercentTrailing to TStudio?

For example,

If C>average(c,5) then begin

SetPercentTrailing(-100, 1.5); /// SetPercentTrailing(FloorAmt, Percent)

end;

 

THANK YOU!

Are you running it on Futures or Stocks ?.

stocks - my objective is to be able to create a statement which will create a trailing percent stop once the stock closes above the 5 period moving average (perhaps I didn't code that right in tradestation).

in other words, once a close>average(c,5) then set condition=true and begin trailingpercentstop.

thank you!

What is the Trigger point for the Trailing Stop. You need a profit point for it to kick in, otherwise if you assume that average is good enough you might have some issues sometimes.