Don't hold me to this but based on my testing you will need a 500 point trailing stop with a 100 point step. I use keep distance.
Give it a go, if that doesn't give the results you expect ask the Master Roni :P
Roni, again thank you so much for this great EA and all the support you are offering everyone.
I've been doing lots of testing and think i have good settings for a trailing stop. I think settings very much depend on the amount of pips you are trying to catch per trade and the volatility.
To catch 100 pips you need about 300 point trailing stop to allow for volatility and even then you sometimes hit the stop before it carrys on to take profit.
Now i think i have the trailing stop nailed risk vs reward, i would like to experiment with 'Profit Lock'
1. is it possible to set multiple take profit points? for example TP1, TP2 and TP3?
2. profits to lock, what units is this? is it a percentage? lots size? or something else? for example i have a small account, if i had a 0.02 lot trade and wanted to take 0.01 profit (50%) at 30 pips i would set 300 points but what setting would i use for 'profits to lock'?
3. When using points vs pips the rule is to do 10 x pips to work out the points, does this work for all currency pairs, indicies? where the decimal point is in a different place? Have you considered giving an option to allow settings set by pips instead of points?
Is it possible to add ATR TS methods and most importantly to show with a line on the graf how the chosen TS method would have acted with chosen settings. There by have a visual understanding how the chosen TS fits for the current market. Is this possible to to do? Se example at https://www.youtube.com/watch?v=GUdTpa9C7k4
Thank you for a great tool
Firstly this is a great EA seems to work very well, the only thing I would like to see added and I believe it has been mentioned before is that for pending orders the TP and SL are entered at time of order creation. Just the thought of having a pending order with no SL and reliant on the EA is a bit worrying but other than that, a great EA and many thanks...
Thanks. I'll consider adding it later.
Hi, I think it just a technical problems.
Hello,The first method is trying it on strategy tester. Trailing method just the way it move.
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