Continuing the dialogue, I am writing to you here, what trailing stop would suit my strategy.
The essence of my trading strategy is automation, where the tradingview account sends signals to mt5, there are currently about 120 transactions per day and their number is growing inexorably every day and the plans are to bring them to 1000 per day, by adding: currency pairs, indices, metals and cryptocurrencies.
I am looking for a solution that will allow me to take any move more than 0.01% from each transaction instead of 0.01% (15-20 points)
I need a trailing stop that, when a profit of 0.01% or (15-20 points) is reached, is activated and drives the stop loss to breakeven (in my original algorithm, the stop is embedded at 0.5% of the entry price), so when the trailing activation occurs at a profit level of 0.01%, the stop will change to breakeven and start working with a step of 0.01% (or another), that is, using the example of a long, the price reached 0.015% and suddenly began to fall, then my position closes in profit at the level of 0.005%
or the option the price reached 0.02 and then began to fall, then the price closed at 0.01, and so on
If it’s dry, then the task is as follows:
- make activation at a level (in points and % so that for different instruments)
everything else is already there, trailing stop distance from the price and step, it is important that these parameters remain the same and can change as now.
Thank you in advance, I will really look forward to your feedback
* A new type of trailing is now available: "Breakeven Trailing". The first time the stop loss is moved to the "Breakeven Level" level, if the position has reached profit (no percentage yet, just Points)
* A new type of trailing is now available: "Breakeven Trailing". The first time the stop loss is moved to the "Breakeven Level" level, if the position has reached profit (no percentage yet, just Points)
everything else is already there, trailing stop distance from the price and step, it is important that these parameters remain the same and can change as now.
1.12
* A new type of trailing is now available: "Breakeven Trailing". The first time the stop loss is moved to the "Breakeven Level" level, if the position has reached profit (no percentage yet, just Points)
1.12
* A new type of trailing is now available: "Breakeven Trailing". The first time the stop loss is moved to the "Breakeven Level" level, if the position has reached profit (no percentage yet, just Points)
1.14. Now you can attach a file with settings for different symbols.
In this case, the utility will work with the settings from the "MST_Symbols.txt" file.
You also need to set the "Use file" parameter to 'true'. If everything is OK, when you start you will see the following in the "Experts" tab:
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