Tighter Trailing Stops && Stops - page 4
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Hi every one,
I used Tight Trailing Stops.mq4 for managing my trade in one of my EA with very good result in a scalp condition...but I think I didn't get the reseting TrailPrice variable part, so I do not have a breakeven when I want to save my last trade profit on a candlestick (I am trading the bar).
I am studying the code of aa.mq4 to see if I can include it in my EA script.
Do you mean the aa.mq4 file? Yes, it is working for two steps. It is a bit confusing about the way it works but the idea is there. Perhaps can be better. I am still learning the code.
Hi, i am studying also this file, the aa.mq4. And curiously i discover that the code is very similaire to the TakeProfit.mq4 of stockwet on FF : Manage Take Profit
The man give a lot of explanation on how it work there.
hidden trailing stop
I am new to mql programming, and I'm trying to add a hidden trailing stop to an EA. Not sure how to do it. tried several ways but unsuccessfully.
Anyone can guide me?
Thanks
If you select tight trailing stops to be true it will close the trade after the amount of pips selected in ScalpPips. This is for setting a TP lower than what your broker will allow.
When you want to setup a trailing stop, you will have to change UseTrailing to true. Then the TrailingAct is the activation point where the trailing stop starts to trail. For example, if i want my trailing stop to kick in only after there has been a 10 pip increase in my position, I would set the TrailingAct to 10 (or 10 pips). The TrailingStep (which I should probably rename) is the amount of pips will trail the highest point in the open position. In short, if you want a traditional trailing stop, just set the TrailingAct to 0 and the TrailingStep to the amount you would like to trail by. I hope this helps.
NicDear Nic,
Thankyou for sharing above EA. I hope i attached above EA properly and settings also Good. But Tight Trailing stop not working.
1. Alpari Demo Account, i put EA in Experts folder.
2. I set Use Tight Stop as "True" and Use Trailing as"True".
3. Trailing act = 60: Trailing Set = 30:
Currently profit in 200Pips, But after above setting Trailing stop not activated..
Please clarify.
EA is in Smile symbol. But not functioning..
Is any other mistake i done or Ur Valuable advice Please.
That's what I was looking for. I'm going to give this EA a try, thanks.
Wrong?
Sorry, but Tight Trailing Stops.mq4 doesn't seam to work for me, I have tested it on a demo account, putting UseTightStop as True and ScalpPips as 1, but nothing happens... Have I done something wrong. Thanks.
Wrong?
Can't make it work, when I put UseTrailing to True I don't know where to put the number of pips I want to trail. I put 2 in ScalpPips and 0 in Trailing Act, but nothing happens... Somebody helps please !
LeMan stop
lemanstop.mq4
If you select tight trailing stops to be true it will close the trade after the amount of pips selected in ScalpPips. This is for setting a TP lower than what your broker will allow.
When you want to setup a trailing stop, you will have to change UseTrailing to true. Then the TrailingAct is the activation point where the trailing stop starts to trail. For example, if i want my trailing stop to kick in only after there has been a 10 pip increase in my position, I would set the TrailingAct to 10 (or 10 pips). The TrailingStep (which I should probably rename) is the amount of pips will trail the highest point in the open position. In short, if you want a traditional trailing stop, just set the TrailingAct to 0 and the TrailingStep to the amount you would like to trail by. I hope this helps.
Nic