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  #11 (permalink)  
Old 12-26-2006, 04:35 AM
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Quote:
Originally Posted by Nicholishen
If you select tight trailing stops to be true it will close the trade after the amount of pips selected in ScalpPips. This is for setting a TP lower than what your broker will allow.

When you want to setup a trailing stop, you will have to change UseTrailing to true. Then the TrailingAct is the activation point where the trailing stop starts to trail. For example, if i want my trailing stop to kick in only after there has been a 10 pip increase in my position, I would set the TrailingAct to 10 (or 10 pips). The TrailingStep (which I should probably rename) is the amount of pips will trail the highest point in the open position. In short, if you want a traditional trailing stop, just set the TrailingAct to 0 and the TrailingStep to the amount you would like to trail by. I hope this helps.

Nic
Superb job Nic
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  #12 (permalink)  
Old 12-26-2006, 06:54 AM
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Okay what am I doing wrong here.

Placed the EA in the experts folder, used the settings in first image and yet it did not move.

Any ideas

Moved 2 pips yet it did not move, what am i doing wrong here? I know i am missing something.
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File Type: jpg untitled1.jpg (17.1 KB, 470 views)
File Type: jpg untitled2.jpg (19.1 KB, 424 views)
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Last edited by junglelion; 12-26-2006 at 06:59 AM.
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  #13 (permalink)  
Old 12-26-2006, 10:49 AM
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trailing stop

I think u should set tight scalping to false, than trailing stop should move.
U should check moves on GBPUSD in order see them fast.
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  #14 (permalink)  
Old 12-26-2006, 11:49 AM
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How do I disable ScalpPips so I can just follow with a TS instead

Closed 3 trades at 0

Whereas the trend on daily charts is to sell $$
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  #15 (permalink)  
Old 12-26-2006, 11:57 AM
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can trailstop set to below 15? will broker allow it?
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  #16 (permalink)  
Old 12-26-2006, 01:20 PM
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trailing stop

i recommand u to set manually profit target, this EA is little bit strage,

if u use EA with its own TS u dont have to fight with your broker`s minimal TS



i add here quite good EA, its is taken from strategybiulderFX. it doesnt use TS, it has 3 levels of TS which became a breakevens (so u can set minimal profit targets)


maxstoploss is your first stop level

first, second, third target - u set levels of price, when minimal profit in pips enters the market

target increment - for each target u set levels of prosit


so it works like this: when u have 20 pips profit, EA sets stop (breakeven) at 10 pips of profit, so when price moves back it will close with 10 pips profit

all over it u can set maxmium profit target

with this EA u dont have to worry about u loose minimal profits
this EA also keeps hidden to your broker your STOPLOSS ! so u dont see it on the screen, u must be conscious that u set eg. 30 pips STOPLOSS for your order, but this EA sets breakevens on the screens visually for u
Attached Files
File Type: mq4 aa.mq4 (4.1 KB, 282 views)
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  #17 (permalink)  
Old 12-26-2006, 01:41 PM
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trailing stop

here u have the link to the discussion and explanations of the author of attached EA, he starts his EA with 2 breakeven levels, but i put the last EA which he gave with 3 breakeven levels (minimal profits guarding)

http://www.strategybuilderfx.com/sho...ight=breakeven

it is not easy to understand at first glance, but after some reading i was able to understand it, and it works properly and this EA is easy to controll so u can set and forget it for some hours

it is also important to see typical pips number for STOPLOSS, eg. for GBPUSD i have seen that people usually use number 30-50 ST at 30m time frame,
it is very easy to catch 10-20 pips profit on GBPUSD
Attached Files
File Type: mq4 BreakEvenExpert_v1.mq4 (3.1 KB, 201 views)
File Type: mq4 delta-stop.mq4 (2.2 KB, 211 views)
File Type: mq4 e-Trailing.mq4 (3.0 KB, 168 views)
File Type: mq4 Straddle&Trail.mq4 (49.6 KB, 221 views)
File Type: mq4 Tight Trailing Stops(manual).mq4 (5.0 KB, 160 views)

Last edited by master001; 12-26-2006 at 01:46 PM.
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  #18 (permalink)  
Old 12-26-2006, 09:53 PM
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Graphical Trailing Stop Indicator

Is there a trailing stop indicator that displays graphically, while following price, that is visible on a chart?

I saw something like this included with the software from Topgun Software.

You can manually set and adjust your stop loss while you observe the graphics of the spread between price and your stop.

Just thought I would ask.

Thanks,

Larry

Last edited by Cigarguy; 12-26-2006 at 09:56 PM.
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  #19 (permalink)  
Old 12-26-2006, 11:59 PM
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Question Active EA Trailing with selected ordercomment

Hi there

Anyone can added in this EA a option oder comment selected so that this EA will select post base on ordercomment. I need it because wanna to separate between long term post and short term post. Only the ordercomment with "short" will make a trailling (exe by this EA)

http://www.forex-tsd.com/74598-post3.html

Last edited by jerami; 12-27-2006 at 12:02 AM.
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  #20 (permalink)  
Old 12-27-2006, 04:16 AM
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Hey master001, Do you have any info on the other indicators posted? I'm trying to put a trailing stop on 1 of 4 long/short positions on a particular currency. Or does anyone know how to make the one nicholson posted work on this?

Thanks
Jar


Quote:
Originally Posted by master001
here u have the link to the discussion and explanations of the author of attached EA, he starts his EA with 2 breakeven levels, but i put the last EA which he gave with 3 breakeven levels (minimal profits guarding)

http://www.strategybuilderfx.com/sho...ight=breakeven

it is not easy to understand at first glance, but after some reading i was able to understand it, and it works properly and this EA is easy to controll so u can set and forget it for some hours

it is also important to see typical pips number for STOPLOSS, eg. for GBPUSD i have seen that people usually use number 30-50 ST at 30m time frame,
it is very easy to catch 10-20 pips profit on GBPUSD
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