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This has already been discussed in post #2
Hi Kenneth,
I am having some trouble working out the trailing stop and step,
If i have my TP at 1.0 and SL at 3.0
What do i need to set the trailing stop and step to, to make it move to +1 point above entry level when moving 10 points the correct way for that trade?
so if i bought at 100 and it went to 110 i want my stop to move to 101, for instance.
Thanks
Hi Kenneth,
I am having some trouble working out the trailing stop and step,
If i have my TP at 1.0 and SL at 3.0
What do i need to set the trailing stop and step to, to make it move to +1 point above entry level when moving 10 points the correct way for that trade?
so if i bought at 100 and it went to 110 i want my stop to move to 101, for instance.
Thanks
Why you having trouble? Because you don't even read what is written - Use defaults! Why would one want a 1 point move 😂 (0.1 pips) You need to understand that there's need to be room for price fluctuations else you will hit stop loss almost every time without gaining anything. This strategy is designed to trade H1, how would you expect it to work with 1 point stop step moves......do some thinking please!
0,1 pips = 1 point
1 pip = 10 points
10 pip = 100 points
Why you having trouble? Because you don't even read what is written - Use defaults! Why would one want a 1 point move 😂 (0.1 pips) You need to understand that there's need to be room for price fluctuations else you will hit stop loss almost every time without gaining anything. This strategy is designed to trade H1, how would you expect it to work with 1 point stop step moves......do some thinking please!
0,1 pips = 1 point
1 pip = 10 points
10 pip = 100 points
Totally agree but for me to understand whats needed to make it do that, do you mind telling me what the start and step would be so i can understand.
Thanks
Totally agree but for me to understand whats needed to make it do that, do you mind telling me what the start and step would be so i can understand.
Thanks
start is were price needs to reach minimum before a stop is set
and to make myself clear - stop can't be greater than step!
example;
you have a take profit of 10 pips (100 points) and you want the trailing stop to be set at 5 pips (50 points) = Start 5, step 5
Hello,
How can i change the lotsize??
Expert adviser Easy Robot:
Author: Kenneth Parling
Simply decrease Stop loss factor to get smaller stop loss....recommended to do a new optimization with your own desired start/stop/step range inputs. I'm glad you having success with it but have in mind this is a FREE robot and will not be improved by any means. There are other existing improved versions for both terminals around but they ain't for free! Have a nice day