Trailing Stop Loss

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Hi,

I am testing an expert advisor with a Trailing stop loss of 5 pips. It works fine on my Alpari account but on Interbank Fx trader it does not work ie the trailing stop loss does not trigger. Could someone please advise.

 

A TS of 5 is fairly tight...

IIRC - some brokers have a <cant put stop closer to price than n pips>?

Try with 8 pips & see if it works and let us know

TIA

-BB-

 
BarrowBoy:

A TS of 5 is fairly tight...

IIRC - some brokers have a <cant put stop closer to price than n pips>?

Try with 8 pips & see if it works and let us know

TIA

-BB-

My trailing stop loss of 5 pips through my expert advisor works fine when I set the expert advisor on long trades only on my alpari account. However when I set the EA to short trades only the TSL of 5 pips does not trigger. Can a broker have different limits for minimum TSL for long trades and different for short trades.

 

> Can a broker have different limits for minimum TSL for long trades and different for short trades.

No

The problem as now stated implies a Bid/Ask issue in the code - in that the the spread is 'using up' some of your trailing stop margin?

Try it with 8 or post the lines that set the TS

-BB-

 
ashok1956:

Hi,

I am testing an expert advisor with a Trailing stop loss of 5 pips. It works fine on my Alpari account but on Interbank Fx trader it does not work ie the trailing stop loss does not trigger. Could someone please advise.

Hi Ashok - I'm looking for a similar expert advisor. Could you please publish your code here? Thanks!

 
ashok1956:

Hi,

I am testing an expert advisor with a Trailing stop loss of 5 pips. It works fine on my Alpari account but on Interbank Fx trader it does not work ie the trailing stop loss does not trigger. Could someone please advise.

Hi,

Use "MarketInfo(Symbol(), MODE_STOPLEVEL)" to get minimum distance in pips for stop loss/take profit orders.

 

This is very useful Function! Thank You very much! Thank You!

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