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Specification
1 - Trendline alert is an Indicators that alerts once a the price hit a Hline or Trendline or once the candle passes Hline or trendline (depending on inputs) the request is to extend the alert to the "equdistant channel" by alerting if the price hit/passed the lower and higher line of the channel XX at bid YY.
2- The MTPbeta is a EA I use to manage SL and trailing stop but it has 2 issues and one potential Improvements:
Issue1: - For SL this ea has 3 levels where you set a Number or pips from Entry price where the SL is changed to preserve the pips gained.
For instance:
I entry at 1.0500 and I set:
First target: +10
FIrst stop: +2
Second target +15
Second stop +10
Third target +25
Third stop +20
Trailing stop by: XX
etc..
In case the price reaches +10 the SL is moved (from the original) to +2, if then it reaches +15 SL it is moved +10.
Unfortunately if the price reaches +15 and then goes to +14 the EA wrongly restore the +2SL instead of maintaining +10.
Request: fix the "SL move" to get that after it is moved it doesn't go back
Issue2: after the third level the Trailing Stop is activated: unfortunately it doesn't work ; I am not sure if it depends on my broker (FXCM EURO) or version mt4; in case it depends on broker I kindly ask to use "hide SL"; in the other case please analyse and solve it;
Request: fix the trailing Stop starting from "Trailing stop by" in order to get the following trailing stops (choose by "input" from user)
1 - fixed trailing stop and
2 - dynamic trailing Stop
See link below for instruction how it should work:
http://www.dailyfx.com/forex_forum/fxcm-trading-station-ii-marketscope-charts/278523-can-you-explain-trailing-stops.html
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10
10%
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70%
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13
22%
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3454
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73
40%
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15%
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265
8%
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3
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502
40%
Arbitration
145
17%
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73%
Overdue
98
20%
Busy
4
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0
0%
Arbitration
1
0%
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100%
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0
Free
5
Rating
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140
46%
Arbitration
19
42%
/
16%
Overdue
32
23%
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Project information
Budget
10 - 50 USD
VAT (22%):
2.2
- 11
USD
Total:
12.2
- 61
USD
For the developer
9
- 45
USD
Deadline
from 1 to 5 day(s)