For anyone interested in the EA for setting trailing stops less than 15 pips
or for who just forget to apply the trailing stop.
I just tested it. All credits goes to the MT Forum where i´ve found it.
Remember though that the bot will apply the given trailing stop to ALL currently opened orders!!!
Have fun.
NINJA PLATFORM
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- Attachments
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- AutomatedTrailingStop.mq4
- (3.02 KiB) Downloaded 157 times
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dchappy wrote:Youre doing great Phil ..Slow & Steady wins the racePhil wrote:Trade with AutomatedTrailingStop ea working...
Enjoy your day!
Thanks to you Chappy!
Yesterday it finally dawned on me that i´m to much asking of myself and not given myself any space to make mistakes (so i can learn from them)
This results in overtrading, taking profits to soon etc... Not saying it´s easy but i´m starting to SEE things. Like you said, learn the method, do it over and over again and the money will follow.
Hope you´re doing fine!
Enjoy your day, Phil
I think i´m still struggeling to find the ´right´ trading direction. Entered at the arrow, being stopped out for the second time today.
I just can´t seem to get the right trading direction. Anyone any advice?
I just thought this entry was ok, no steep trend , so i thought it would be ok to go countertrend. Or is just this the issue i must seem to master to NEVER go against the trend (channel?)
Enjoy your day!
I just can´t seem to get the right trading direction. Anyone any advice?
I just thought this entry was ok, no steep trend , so i thought it would be ok to go countertrend. Or is just this the issue i must seem to master to NEVER go against the trend (channel?)
Enjoy your day!
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Hi Phil,
yes, you are against the trend
In this screenshot the first bar is at top-left of the screen and the bar where you draw the arrow is at the bottom-right, so this is a down trend.
Cheers from Diamante
yes, you are against the trend
In this screenshot the first bar is at top-left of the screen and the bar where you draw the arrow is at the bottom-right, so this is a down trend.
Cheers from Diamante
So faith, hope, love remain, these three; but the greatest of these is love. - 1 Corinthians 13:13
flinux wrote:Hi Phil,
yes, you are against the trend
In this screenshot the first bar is at top-left of the screen and the bar where you draw the arrow is at the bottom-right, so this is a down trend.
Cheers from Diamante
Hi Flinux,
Are you having fun?
How´s the wheather?
Yes i really need to (un)learn things. But no need to rush.
Ok, but i´m a bit confused. Do you all NEVER go against the current trend? I know you did show me some graphs about swinging and trending but now i´m wondering whether any of you take countertrends.
Below is the trade the trailingstopbot just closed. Noticed i did insert the RSI indie to examine the momentum at the moment. I want to learn this also, see if it can help filtering out the false signals.
Have fun!
@Flinux: Enjoy your holiday!
Phil wrote:I think i´m still struggeling to find the ´right´ trading direction. Entered at the arrow, being stopped out for the second time today.
Sorry to keep on about this but in case it helps, I do not see the point in having indis on your chart if you are not going to use them.
Both the channel and the 3 sema on your chart said the right trading direction was down.
Is price closing higher or lower than something? Simple yet powerful question. ..MO
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