it helps, but thing is that it must be set according to the terms and conditions and unique characteristics of that currency on which its going to be applied.
Tailing stop is only bee used by trader who are scared of the market behavior. A good trader who is sure and confident in his/her trading strategy only used stop loss and exist trade base on signal receiving/perceiving from his/her trading strategy.
After 1 week of trading using trailing stop, it took 338 points more than if I set take profit level. However, one trade was responsible for 252 points. See what happens next week.
Allow the use of cookies to log in to the MQL5.com website.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.
You are signed in. Two-factor authentication has been disabled. Set it up again and scan a new QR code, or continue with two-factor authentication disabled.
yes its really work for me .
After 1 week of trading using trailing stop, it took 338 points more than if I set take profit level. However, one trade was responsible for 252 points. See what happens next week.
These articles should be interesting for the followers of this topic :
How to Create Your Own Trailing Stop
Money-Making Algorithms Employing Trailing Stop
Tralling stop helps a lot ...
would you like to describe a little more how it helps?
what kind of strategy are you using? Trend or Range? Time Frame?
I would like to do some case studies.