Ultimate Trailing Stop EA
100 USD
Versione demo scaricata:
704
Pubblicato:
21 luglio 2020
Versione attuale:
2.92
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Hi Blake,
I just rented your EA and would like some help . Despite going through the blog and the comments by others I am not able to set up the EA to work as intended. First I want the EA to trail a basket of trades made by another EA when 150 dollars profit is made. The take profit for the basket( Consisting of XAUUSD trades) is 500 pips. I want the EA to close all positions when a 8% draw down is reached. Each trade may have Buy and Sell Orders. Attached please find my setfile for you to view and tell me what I am doing wrong.
Hi Blake,
I just rented your EA and would like some help . Despite going through the blog and the comments by others I am not able to set up the EA to work as intended. First I want the EA to trail a basket of trades made by another EA when 150 dollars profit is made. The take profit for the basket( Consisting of XAUUSD trades) is 500 pips. I want the EA to close all positions when a 8% draw down is reached. Each trade may have Buy and Sell Orders. Attached please find my setfile for you to view and tell me what I am doing wrong.
Here is an update to your .set file.
Here are the steps I took:
1) I deactivated all the non-basket basket trails by setting threshold in ATR=100 (way out of reach);
2) I set basket trail threshold to $150 and trail of $50, meaning that when it hits $150 in profit, it will trail by $50, initially protecting $100.
3) I set basket DD % to 8%, meaning when the basket hits a draw down of 8%, it will close all trades.
* Currently, there is basket take take profit of 500 pips (maybe I can create that option). Do you want me to modify the .set file and include a $ based take profit in the meantime?
Thanks for your product.
I just rented the product to test it with my EA.
I will basically use it as a fixed SL and with a normal behavior and wanted to know if the TS is set like this :
threshold > 15 pips
step > 1 pips
fixed distance > 10 pips
will be use for all positions opened for each single pair ?
I mean, the ea will manage the avg price to set after that the TS ?
I hope my comment is clear
Thanks for your time !
Hi Blake, I still have to test the sorting by column, I will let you know when I try it again, but will take your word for now, as I am just working on a group at the moment.
Thank you for your reply and help with this brilliant utility.
Would it be possible to control the journal comments somewhat, specifically the “added ignored” comments for orders not in the selected criteria to manage, so that ignored pairs or orders are not commented on and printed in the journal continuously?
Also is there a spread and slippage control? maybe I missed something but getting a few errors, which is fine as it was a busy time, but wondering if there is an option for allowed spread and slip, or its just commenting on the broker’s transaction in journal?
Thanks again and in advance,
Hi Blake,
I just rented the tool and it has tons of features.
1-I loaded it into the strategy tester and nothing happens when I click start. I saw somewhere in the discussion that you need to make some signal file? I have no clue how to do that. Please assist.
2-For the trailing part, I would like to start trailing my stops (with basic Trailing stops) and Set 3 levels of TPs and trail the rest of position until an opposing entry signal is detected via Moving average cross.
a-Trailing Stops: Start trailing once I am in profit of X amount of pips e.g 50 pip. (no ATR). Stoploss distance: Y amount of pips (eg. 100 pip). Stoploss increment: K amount of PIps (e.g 25 pips)
b.Partial TPs (aka Virtual TPs): While in profit I would like:
TP1 size is 100 (when profit reaches FIRST 100 pips for example, reduce lot by 30%, TP1=100 and Close percent =30 and TP1 Threshold for trail ==True.
TP2 size is 300, Close percent =75% and TP1 Threshold = True
TP3 size = 500 and TP3 close percent ==90% and Trail the rest (can we trail the rest of the position?)
What should we set TP1 Threshold for trail and Use TP as TP1 to?
3-Please clarify what other variable should be used or ignored to achieve the abovementionned?
Suggestion: Assuming R is the Risk == StopLoss, could we set the Virtual TP1/2/3 size in terms of R? (let say k*R with k varying from 0.1 to 10)
Here is my set file.
Hi,
I have purchased the EA but finding it difficult to set the trailng to start from BE insead of the SL.
Eg- My buy is at 1800.30 and my SL is set at 1790.30, my BE 200 pips and TL 1000 with 500 steps.
Now price goes upto 1803 then I want my BE to set SL to 1802 and start my Trailing from the BE level of 1802.30 instead of starting at 1790.30.
Can you please explain how to set this please?
Thank you.
for 1 open trade the trailing stop for example will be 10 pips, for multiple opened trades the EA will trail total pips for the collective opened trades for 15 pips, something like that.
such a Setting will be very helpful for managing multiple trades at the same time.
Hey Thanks a lot for this EA , it really help
For the Basket options , Can you please Consider the Following Features for future update ,
1- Basket TP in TOTAL PIPS .
2- Basket SL in TOTAL PIPS.
3- Basket Trailing STOP in TOTAL PIPS including ( Threshold , Distance & Step ) Right now it is only threshold and distance for ( PROFIT & PERCETAGE ) no TOTAL PIPS OPTION $ NO STEP.
Hi Blake,
Is there a way to disable the trailing threshold and instead use the TP1 Threshold for trail?
The EA seems to be respecting the Trailing Threshold even if set the TP1 as the Threshold as true. here is my setup.
Hi Blake,
Is there a way to disable the trailing threshold and instead use the TP1 Threshold for trail?
The EA seems to be respecting the Trailing Threshold even if set the TP1 as the Threshold as true. here is my setup.
Did you try setting Threshold in pips or atr multiple or ratio=0 instead of = 2 when you have TP1 Threshold for trail=true?
Hey Thanks a lot for this EA , it really help
For the Basket options , Can you please Consider the Following Features for future update ,
1- Basket TP in TOTAL PIPS .
2- Basket SL in TOTAL PIPS.
3- Basket Trailing STOP in TOTAL PIPS including ( Threshold , Distance & Step ) Right now it is only threshold and distance for ( PROFIT & PERCETAGE ) no TOTAL PIPS OPTION $ NO STEP.
Great idea! I'll try to put that in the next update.
Hi,
I have purchased the EA but finding it difficult to set the trailng to start from BE insead of the SL.
Eg- My buy is at 1800.30 and my SL is set at 1790.30, my BE 200 pips and TL 1000 with 500 steps.
Now price goes upto 1803 then I want my BE to set SL to 1802 and start my Trailing from the BE level of 1802.30 instead of starting at 1790.30.
Can you please explain how to set this please?
Thank you.
Threshold in Pips=200;
Pips to move to BE=200;
BE Adjustment in pips=100;
Hello Blake,
I use Envelope, but I got an error.
I has Long Position, but SL perhaps try to move envelope upper band.
I want to move lower band when long position.
What should I do?
Hi, as you can see in the screenshot i'm getting these error messages, when i put SL to real instead of virtual i'm getting error messages it cannot place the SL.
Anything i can do on my end?