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It is +18 pips in profit for one stop loss indicator and +27 pips for the other one (stop loss moved to profitable area on this number of pips).
This trades is not close yet.
It was GBPUSD.
No any valid signal for the following pairs:
EURUSD, USDJPY, USDCHF, USDCAD (it was sell signal for one template with few pips in profit now), GBPCHF, EURJPY and CADJPY
AUDUSD: enter at 0.9212; now is 0.9244; stop loss is at 0.9200 or 0.9205.
GBPJPY: it was buy in the morning with +325 pips up to now (the trade should be still opened). But it was outside our trading hours).
And we can choose exit (as variations):
- exit on ^Pivot_ResSup indicator (indicator was coded to draw support/resistance lines for the current day based on FibonacciTrader Journal Issue 6) - horizontal dotted lines);
or
- exit on Stochastic indicator;
or
- exit DayHL indicator;
or
- exit on 2 BrainTrading stop loss indicators.
I prefer the last one. Besides I am usng exit on ^Pivot_ResSup indicator and on Stochastic indicator (depends on the pair, market condition, volatility of the market and so on).
But it depends on which template we are using for trading (see the links above to download).
Template with I-XO indicator is more easy one and less risky. Template with Stochastic is more risky but ... more professional let's say ...
So, concerning this second template (as we do not have any I-XO indicator but we have Stochastic instead) the stop loss was moved to 1.9793 (we enter buy on the next woth signal bar - 1.9790) and price is on 1.9858. It is +68 pips if we close now.
I will not count historical pips as you can see it by yourself from the image or from your Metatrader:
- Stochastic exit (if we do exi now on Stoch indicator) +10 pips;
- BrainTrading exit +10 or +26 depends on which BT indicator we are using fo trailing.
- pivot exit +47 pips (it was already) with the next profit target at 100.67.
Linear Mode
