- Exit Strategy : What's yours?
- What's the optimum number of exits a trading system should have?
- Those with profitable live EA, what is your Risk : Reward?
Aren't tp always limit orders??????
wow according to this: https://www.metatrader5.com/en/terminal/help/trading/general_concept
tp seems like a kind of stop order to guarantee complete fills I guess so your right tp can have slippage. I don't like that.
wow according to this: https://www.metatrader5.com/en/terminal/help/trading/general_concept
tp seems like a kind of stop order to guarantee complete fills I guess so your right tp can have slippage. I don't like that.
sometimes the trades just miss the TP by 1 point. what can we do to exit with more pips?
maybe thats why a second exit (not SL exit) will make the EA more profitable?
sometimes the trades just miss the TP by 1 point. what can we do to exit with more pips?
maybe thats why a second exit (not SL exit) will make the EA more profitable?
Yes agree, it could be an indicator to be used as take profit. it is what I am thinking to add on my EA. I do use already sl,tp and trailing but I would like to add an indicator to be used only as a TP level.
means you want to make your hard tp into a flexible one?
I want to use both. I follow primary trend so my tp is near the longest big run of the past 3 years (backtest). it means I loose often the highest of each long trend. I would like to test an indicator that works only to close positions once is triggered. what do you think about it?
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