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| Trailing take profit http://www.molanis.com/forum/viewtopic.php?f=3&t=6129 |
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| Author: | hossein [ Tue Mar 03, 2015 11:42 am ] |
| Post subject: | Trailing take profit |
Hi, I am testing a strategy that needs to trail TP (Take Profit). It is like locking loss when the market goes against you. I know it is very strange. I need to trail Take profits exactly like Stop Lost. ( Trailing by tick and also completed Bar ). Are there any codes that I should add to my EA MQL4? if so, where and how. Please let me know If you can help me. Thanks |
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| Author: | admin [ Sun Mar 08, 2015 10:11 pm ] |
| Post subject: | Re: Trailing take profit |
You could copy the code for trailing stops and change it for tp. Unfortunately you will need to edit the ea manually and add the code since we do not offer that feature of trailing tp. |
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| Author: | hossein [ Mon Mar 09, 2015 1:20 am ] |
| Post subject: | Re: Trailing take profit |
Hi, Is it possible for you instruct me to do that ? I would appreciate if you help me. Thanks |
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| Author: | molanisfx [ Mon Mar 09, 2015 9:12 am ] |
| Post subject: | Re: Trailing take profit |
Unfortunately changing that code is a complex task and cannot do it for you Besides, how is a trailing tp going to work? If the price move on your favor you move the tp up? if you keep doing that when is the position going to close due to hitting the tp? |
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| Author: | hossein [ Wed Mar 18, 2015 3:38 am ] |
| Post subject: | Re: Trailing take profit |
|Thanks, Not the problem. I will figure it out. Thanks |
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