Well I had similar idea. Do not EVER loose profit when you reach it. So I put TP high in the sky, and tried different settings for trailing SL.

Option 1:

- Set SL to 50 (after open, you not loose a trade on first retracement. Gives the EA chance and space to breakeven)
- trailing stop wait to trail set to small value eg: 5

So when you have 5 pips of profit, SL sticks 5 pips away. So you can win much when trend is strong. When it goes other direction you take almost max profit thanks to near SL

Problem is that when you loose on initial SL (e.g. 50) you loose much. The result for today's tests is loss.

Option 2:

- Set small SL eg, 5 pips
- Set trailing stop to trail immediatelly

I'm just checking it. The idea is that if signal is good you will never loose profit. If its wrong you loose not much. So overall you win depending on quality of signals.

What is the problem with using these concept with EA is that when SL is reached and signal is still present the EA places order again. So you usally loose on spread.

I think that it would be good idea to either:

- wait with opening next order until new signal is generated
- or wait a little bit and see few next ticks E.g.: when the previous was LONG and stopped on SL. Wait to see few ticks to confirm the signal -> try to open again with price lower than previous SL. However if you see that strong trend up continues, open again even higher than previous SL.

What do you think?

q_JAK