Any reason why this Trailing Stop doesn't work?
I guess it doesn't matter. I'm starting to realize that having the trailing stop is causing me to loose some more profitable trades by closing to early.
I guess it doesn't matter. I'm starting to realize that having the trailing stop is causing me to loose some more profitable trades by closing to early.
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This is the code in the EA but it doesn't seem to work or modify any orders.
Anything wrong with it?
Thanks
//=============== TRAILING STOP ROUTINE
int cnt, total;
total=OrdersTotal();
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicNumber) && (OrderComment()==GetCommentForOrder()) )
{
if(OrderType() == OP_BUY)
{
if(TrailingStop > 0)
{
if((Bid-OrderOpenPrice()) > (Point*TrailingStop))
{
if((OrderStopLoss()) < (Bid-Point*TrailingStop))
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-(Point*5),OrderTakeProfit(),0,GreenYellow);
return(0);
}
}
}
}
if(OrderType() == OP_SELL)
{
if(TrailingStop > 0)
{
if(OrderOpenPrice()-Ask>Point*TrailingStop)
{
if(OrderStopLoss()>Ask+Point*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Ask+(Point*5),OrderTakeProfit(),0,Red);
return(0);
}
}
}
}
}
}
return(ret);
}