- There is no such thing as a trailing take profit. When the market hits the TP the order is closed.
- There is no such thing as a leading take profit. It can never be hit, thus useless.
- Don't use a TP, at all. Trail your SL.
William Roeder:
- There is no such thing as a trailing take profit. When the market hits the TP the order is closed.
- There is no such thing as a leading take profit. It can never be hit, thus useless.
- Don't use a TP, at all. Trail your SL.
Of course a trailing TP is a thing, why not ? It's the exact opposite of a trailing SL. When you reached a given distance from the open price, if it goes in the opposite direction your TP will follow.
Vivek Danielson:
Hello I was wondering if anyone know how to code EA, reverse "Trailing Stop Loss" into "Trailing take Profit"?
thank you
It's trivial. Show your code if you need coding help.
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Hello I was wondering if anyone know how to code EA, reverse "Trailing Stop Loss" into "Trailing take Profit"?
thank you