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It was developed by Igor kimiv.ru.He has forum try there.
EA applies optimal SL TS levels according to atr,or spread between HIGH & LOW for chosen period.
Result also depend on timeframe of a chart you attach it to.
You can compare results visually with these 2 ind.
Vts=1=Atr stops v11
Vts=2=nrtr_rosh
It squeezes more pips than other EAs for my strategy.
__________________
We do not see things as they are.
We see them as we are.
It was developed by Igor kimiv.ru.He has forum try there.
EA applies optimal SL TS levels according to atr,or spread between HIGH & LOW for chosen period.
Result also depend on timeframe of a chart you attach it to.
You can compare results visually with these 2 ind.
Vts=1=Atr stops v11
Vts=2=nrtr_rosh
It squeezes more pips than other EAs for my strategy.
thanks.. but i don't know how to use that..
anyways, i still need to know how to use?
1. Use.ADR.for.SL.pips?
2. tsl.divisor?
Insert this EA to the chart and you will have the automatic trailing stop for all the orders opened. You may have two kind of T/S:
- S/L is moving on the value of T/S from the beginning when the order is opened;
- S/L is moving if the profit is more than T/S.
Note: Put this EA to the one chart only. It works for all the orders opened (and will open).
For those interested, there is a new version of e-Trailing EA available from the author's homepage: http://www.kimiv.ru/dev_mq4.htm
Nevermind that the page is in Russian, just scroll to the bottom of the page and press Trailing Stop to download.
What's new:
Quote:
21.01.2006 Parameter AllPositions
It makes it possible to handle all positions, and not just ones to which the EA is attached (I assume).
Cheers,
Diam0nd
I LOVE
__________________
- MetaTrader v4.00 Build 225 (10 Jul 2008)
- MetaTrader MultiTerminal v4.00 Build 213 (20 Mar 2008)
- Always use the latest (^ABOVE^) MetaQuotes products, saves a lot of nerves. What's new.
"METAQUOTES FOR LIFE!"
Just trying to figure out how Trailing Stop works.
Lets say I have a trade initiated with a TP=24, SL=24 and TS=2.
Now for simplicity sake I'm going to say 0 is my open price so SL would be -24 loss and TP would be +24 profit. Now as the day progresses and the price goes in my favor to +26 TS gets triggered because I'm in extra profit of +2.
Now two questions;
1) Does SL now move up to +26 so just in case the market takes a turn for the worst, I'll still get my +25 pips profit instead of loosing and hitting my original SL?
2) Why didn't TP close my order at +24 in the first place?
Is it possible to make Trailing Stop function from the open price of position ?
I would like to ask about Trailing Stop of MT4.
In MT4, Trailing Stop doesn`t function as long as the position doesn`t gain
as much profit as the number of Trailing Stop ( 15pips, 20pips...) first of all.
Is it possible to make Trailing Stop function from the open price of position ?
(In softwares of FX broker I traded before in , it was possible .)
Is it possible to resolve this problem by EA?
Are there anybody who have the good solution about this problem?
Is it possible to make Trailing Stop function from the open price of position ?
I would like to ask about Trailing Stop of MT4.
In MT4, Trailing Stop doesn`t function as long as the position doesn`t gain
as much profit as the number of Trailing Stop ( 15pips, 20pips...) first of all.
Is it possible to make Trailing Stop function from the open price of position ?
(In softwares of FX broker I traded before in , it was possible .)
Is it possible to resolve this problem by EA?
Are there anybody who have the good solution about this problem?
As i understand trailing stop may start anytime.
There are EAs where trailing stop is trailing the stop loss. So trailing stop is active from the beginning.
There are EA trailing stop loss if trade is in profit. Some people call it "profit trailing"
So it may be any combination especially together with BreakEven.
Check the links I posted today trail SL EA
There are some EAs with selectable options: Profit Trailing = true or false for example.
Thank you very much for wonderful recommendation , newdegital !
All EAs are interesting and wonderful !
Especially sbwent`s TrailingStop.mq4 (e9.2 KB, 201 views) mached to my desire.
I knew a diversity of the programs in MT4 deeply here.
How kind and genourous you are !
I wish much happiness also comes to you .
Please participate in my thread also when I ask again in a future !