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Tester: A Pattern Trailing Stop and Exit the Market

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MetaQuotes Software Corp.
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MetaQuotes Software Corp.  

New article A Pattern Trailing Stop and Exit the Market has been published:

Developers of order modification/closing algorithms suffer from an imperishable woe - how to compare results obtained by different methods? The mechanism of checking is well known - it is Strategy Tester. But how to make an EA to work equally for opening/closing orders? The article describes a tool that provides strong repetition of order openings that allows us to maintain a mathematically correct platform to compare the results of different algorithms for trailing stops and for exiting the market.

Author: Sergey Kravchuk

MQL4 Comments
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MQL4 Comments  

Nice effort. But, I couldn't understand, that how this pattern work will help me in my trading decisions.

Better if a step by step instruction can be provided, with a live example. Say I am trading EURUSD. How can I train my trailing algorithm using these EAs.

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