the logic of TstopLimit

[Ramsa976]

Hello,

Could you explain the logic of TstopLimit to me? does this represent a trailing stop in limit format?

When I try to execute in hotkey format on the graph, DOM and level 2, the logic seems different.

If anyone has an example. 

Because for me there should be 3 components:
trailing stop
Stop price
Limit offset

[Jerry Medved]

First, TStopLimit is only supported by IB and Questrade, so if you are not using it with one of those 2 brokers, then forget it.

2nd - there are 2 components, not 3 - Trailing stop offset, and the limit offset. you specify the trailing stop offset, and then the limit offset from whatever the stop price is that actually gets triggered