Trailing stops , Break even, Target

 

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

Files:
TrailMe1.mq4  18 kb
MTP1.3.mq4  9 kb
 

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

Why are you looking for losing position EA? Is there any specific reason behind it?

Reason: