I use ATR for configuring most of my trailing stops. Typically I use the highest value of the past 100 ATR readings and then multiply the ATR value by 1.5 to come up with the trailing stop value. This is greatly dependant on what timeframe and method im using but it works quite well for me.
Hope that helps good luck...
i need EA that always losing position.
Two things are difficult to see in forex trading.
1. EA that always loss positions
2. EA that always profit.
I you hve EA that always lost kindly let me know.
Thanks
gbemitte:
i need EA that always losing position. Two things are difficult to see in forex trading. 1. EA that always loss positions 2. EA that always profit. I you hve EA that always lost kindly let me know. Thanks
i need EA that always losing position. Two things are difficult to see in forex trading. 1. EA that always loss positions 2. EA that always profit. I you hve EA that always lost kindly let me know. Thanks
Why are you looking for losing position EA? Is there any specific reason behind it?
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I am looking for Ideas on setting Trailing stops , Break even, Target
For different currency pairs I was thinking on some type of formula based on daily ranges
Like xx% of daily range for trailing
Like xx% of daily range for stop
Like xx% of daily range for target point
Looking for any ideas or suggestion on what % or any other ideas for stops, targets