Hapu Arachchilage Tharindu Lakmal:
or trailing stop.
or trailing stop.
A simple search in CodeBase and you find a lot of examples.
There is a PSAR trailing stop object in the API.
But AFAIK, it is only for use in the EA wizard scripts.
Hi
You a need to write simple trailing stop function – there ‘s no one easy line to do this as it’s done in terminal.
But there are plenty of examples of such functions for example:
CPositionInfo position; Int trailingstart = 100; Int trailingstop = 50; void TrailingStop() { double bid = NormalizeDouble(SymbolInfoDouble(Symbol(), SYMBOL_BID), _Digits); double ask = NormalizeDouble(SymbolInfoDouble(Symbol(), SYMBOL_ASK), _Digits); int freeze_level = (int)SymbolInfoInteger(_Symbol, SYMBOL_TRADE_FREEZE_LEVEL); int stop_level = (int)SymbolInfoInteger(Symbol(), SYMBOL_TRADE_STOPS_LEVEL); for(int i = PositionsTotal(); i >= 0; i --) { if(position.SelectByIndex(i)) { if(position.Symbol() == _Symbol) { double Priceopen = NormalizeDouble(position.PriceOpen(), _Digits); double CurrentSL = NormalizeDouble(position.StopLoss(), _Digits); if(position.PositionType() == POSITION_TYPE_BUY) { double NewSL = NormalizeDouble(bid-trailingstop*Point(), _Digits); bool checkfreeze = ((bid - NewSL) > freeze_level * _Point && (bid-NewSL)>stop_level*_Point); if(CurrentSL < NewSL || CurrentSL == 0) { if(bid >= (Priceopen + trailingstart*_Point) && checkfreeze) { bool check = eatrade.PositionModify(position.Ticket(), NewSL, position.TakeProfit()); } } } else if(eaposition.PositionType() == POSITION_TYPE_SELL) { double NewSL = NormalizeDouble(ask+trailingstop*Point(), _Digits); bool checkfreeze = (( NewSL-ask) > freeze_level * _Point && (NewSL-ask)>stop_level*_Point); if(CurrentSL > NewSL || CurrentSL==0){ if(ask<=(Priceopen-trailingstart*_Point) && checkfreeze) { check = eatrade.PositionModify(position.Ticket(), NewSL, positon.TakeProfit()); } } } } } } }
Best Regards

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When we manually set trailing stop, all we do is set it using the Terminal >> Trailing stops. Once we set, it does its job its own. I'm asking for function like that kind. As I know, The EA should check the conditions and move the SL based on every tick if I use PositionModify(); for trailing stop.