Is Trailing Stop Possible?????
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Thread: Is Trailing Stop Possible?????

  1. #1
    I have this EA which scalps the market for 10pips (3pips per order), it places 3 orders when there's a sign( if between setting the orders that the sign goes away, the other orders won't be placed), Often than not the market moves for a long while .Is it feasible to signal a trailing stop to it so that after the 10pips target is attained, all orders can crack?????

  2. #2
    This needs to go into the script.

    Like most of scripts it just works once, but if you throw it onto a chart before you apply the chart it keeps asking you to enter an order. The stop known in the code as TrailStop is put at 5 pip. Simply change that to 10 pip if you need or some other significance for a longer / shorter observation stop.

    It additionally specifies trailing stops to these pairs:
    audcad
    audchf
    audjpy
    audnzd
    cadchf
    cadjpy
    chfjpy
    euraud
    eurcad
    eurjpy
    gbpchf
    gbpjpy
    (you may notice they are either wider spread pairs or tremendously ranging pairs)

    Either some trading ace decided that this was best for all these pairs, whereas the 5 pip will work on all other pairs. This shows you how you could enter the amount for each and every pair you trade.

    I know that its not quite what you need but it will help
    https://www.nigeriaforextrading.com/...1095304234.mq4
    https://www.nigeriaforextrading.com/...1266274987.ex4

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