Q regarding trailing profit, not stoploss

[Jaco Moolman]

Hi there.

I've been trying to modify the code:

if(TrailingStop>0)
{
OrderSelect(0,SELECT_BY_TICKET);
if(Bid-OrderOpenPrice()>Point*TrailingStop)
{
if(OrderStopLoss()<Bid-Point*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Blue);
return(0);
}
}
}

I found in the "manual" to make it a trailing take profit, not stop loss, but I keep on messing it up.

I would like the take profit to move with the pair as the profit goes up, and then close once it moved back a little, or loose a little but profit.

Then, what would U sugest as a good trail profit?

Thanks very much. :)

[jacques366]

Hi,

Why not observing the price mouvement of the pairs you are working with and then decide yourself what is the best Trailing you have to set up according to your type of trading, making some tests with that and tuning accordingly. I thing it is a better advise than if I answer 50 or 100, isn't it?

[Jaco Moolman]

Jacques366 wrote >>

Hi,

thanks for the reply. I think that is a good idea. I'm planning to do a lot of test. I'm still havin a problem turing the trail stop loss into a trail profit one.

LOL.. I'm at the, "fail V1, fail V2".. stage..