Hi Enforcer, above all indicators, there is a very important indicator - the price itself. So, when we close a bunch of trades for a tiny amount of profit target of 1, 2, or 5 dollars, most cerainly we are closing all these trades at the very beginning of a trend just started in our favour.
Imagine we close only a few pips more in our favour - for the total lot size we have now, profit take will be much more. So, if we introduce a profit trailing feature, that will maximise the profit taken as much as possible,
that will also postpone the start of the next cycle as well and
reduce trade levels.
So, please introduce,
External variables
1/ Profit trailing - true or false
2/ Profit trailing start = x dollars
3/ Trail percentage of profit = y%
Certainly this will enhance pipmaker in my view.
Hope you see my view and I request you to introduce this feature, and thanks for your work always.
Quote:
Originally Posted by Enforcer
I never touched that function as it didn't seem to do any job, I set it to 0 and never bothered with it, if you don't believe me just compare code with old versions.
About templates and fancy indicators, they are ok for manual trading, what I need is something that feed data for automatic use.
Anyway, more likely we need a combination of indicators.
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