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i have realized, that the trailing stop works only if we are already in profit at least by the trailing stop value. so actualy because the second order opened later with worser price, there was no trailing for the second order, because it was not in profit, but the forst order already was. so this is no error.
could you also make it optional, that the trailing stop works also if we are not yet in profit?.
another feature could be: instead of clasic trailing stop use alexander elder's safe zone - more sophisticated stop setting
i have realized, that the trailing stop works only if we are already in profit at least by the trailing stop value. so actualy because the second order opened later with worser price, there was no trailing for the second order, because it was not in profit, but the forst order already was. so this is no error.
could you also make it optional, that the trailing stop works also if we are not yet in profit?.
Hi RoBiK, thank you for the suggestion, I will try to add this feature next release.
Quote:
Originally Posted by RoBiK
another feature could be: instead of clasic trailing stop use alexander elder's safe zone - more sophisticated stop setting
This one sounds interesting, but frankly I don't have any knowledge about it. Can you share more information about this one ? Thank you in advance
__________________ David Michael H
"Trader helps traders with sincerity, honesty and integrity"
i will post my safe zone indicator tomorrow, i wrote it some time ago, but it is stored on another computer.
meanwhile i have found another bug: if ConfirmedOnEntry is set to false and StopAndReverse is set to true and a trade is opened, then if price goes again in the oposite direction of the cross in the same bar, you have a trade in oposite direction, but the MA crossover did not happened and the trade is left open.
for example on last bar the slow MA was above the fast, in the present bar the price goes up, fast MA crosses slow MA and BuyCondition triggers. the EA opens a BUY possition. Afterward price goes down in the same bar so after it closes you see no crossover and have no SellCondition. Therfore the BUY trade is left open until it is stopped out or crossover happens again.
Here is another feature request. If i set ConfirmedOnEntry to false and MaxOpenTrade is > 1, then a new position is opened on every tick (if the conditions for buy/sell are met). It would be nice to have minimum pip distance the price must travel in the trade direction from last opened possition, before opening another one.
meanwhile i have found another bug: if ConfirmedOnEntry is set to false and StopAndReverse is set to true and a trade is opened, then if price goes again in the oposite direction of the cross in the same bar, you have a trade in oposite direction, but the MA crossover did not happened and the trade is left open.
for example on last bar the slow MA was above the fast, in the present bar the price goes up, fast MA crosses slow MA and BuyCondition triggers. the EA opens a BUY possition. Afterward price goes down in the same bar so after it closes you see no crossover and have no SellCondition. Therfore the BUY trade is left open until it is stopped out or crossover happens again.
Hi RoBiK, thank you for testing the Ea. I will check on this problem and try to fix it.
Quote:
Originally Posted by RoBiK
Here is another feature request. If i set ConfirmedOnEntry to false and MaxOpenTrade is > 1, then a new position is opened on every tick (if the conditions for buy/sell are met). It would be nice to have minimum pip distance the price must travel in the trade direction from last opened possition, before opening another one.
Okay, another good suggestion, will try to work on this one too. Again thank you for your suggestion, keep them rolling
__________________ David Michael H
"Trader helps traders with sincerity, honesty and integrity"
Would you be interested in creating document that describes the different features and how they could be used? Specifically, the trading reasons one would use them. Also to indicate for each feature whether it is most often best to use a certain default-type of setting or if it should be optimized.
I am just thinking this would be very helpful to go with this EA as there are now alot of wonderful features in it to improve trading, but some traders may not realize what the features are for or even know how they can be used to create a more profitable ea. I am willing to help with this if you would like some help.
Hi guys, just update post #1 with EA version 6. Fixed ConfirmedOnEntry bug which discovered by RoBiK, added immediate trailing stop feature, and added minimum price distance for multiple open trade condition. Will add SafeZone trailing stop type on next release and still working on pips filter on cross feature (BG cross filter). Hope this help
__________________ David Michael H
"Trader helps traders with sincerity, honesty and integrity"
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