I'm new in EA. Can kindly explain the function as per below?
Step keep Distance
Set by Step
how they works?
What is Trailing Stop Step and how it works?
Thanks in advance.
You can set Trailing Stop for your example. Set Trailing Stop=250 Set trailing step=100. Trailing method= Step By Step.
For Trailing Method explanation:
Classic= same as MT4 ctrailing stop, move by 1 pips.
Step by step=SL is Moving by trailing Step value whe price reach trailing stop value.
Thanks god, author still stay in mql5,
I want to ask, well it's almost the same question asked by a certain people here, but because it didn't work well I ask...
Here's my settings:
- Hidden TP 'n SL
- Target to lock : 50
- Profit to lock : 10
*this way, I want to put SL to BE+1pip after PA went +5pips
- Method : Step Keep Distance
- Trailing Stop : 100
- Trailing Step : 50
...and this is what happen.
I want to move SL to +1pips after PA went to +5pips,SL to +5pips after PA went to +10pips, thenSL to +10pips after PA went to +15pips, and so on.
After PA went +5pips, it did move SL to +1pip, yes it works, and then the problem is with Trailing Stop n Step.
EA only work after PA went to +15pips and move SL to +10pips, with increment every 5pips.
something wrong with my settings? or is it the MT4? or is it my calculation?
Hi Roni, great job. Your EA works nicely, is an amazing and quick way of setting the levels on open orders.
Still, I would like to make a suggestion. I'm a day trader, but sometimes I do scalping, meaning I can have more than 1 position open on the same pair, or on several pairs.
I would like to suggest a field to change the TP and SL of all open orders of the same pair to the same level.
I'm including a little EA that I found, it does change the TP and SL of several orders to the input level, the problem is it does that to any order on any pair. For example if I set TP on EU to 1.08200, it does the same on EG, GU, etc. would it be possible to add that to your EA? Or just change the attached EA to do that, maybe using magic number or something else?
I'm afraid I'm not very good with mql to make the changes myself, so if you can, the community would be very grateful.
Many thanks and keep up the good work, God bless you.