Incorporating trailing bar stop on entry

quantumripple · **Joined:** Mon Apr 06, 2015 8:39 pm **Posts:** 10

Hi there,

I have been wanting to place a trailing one bar stop on entry in the attached .mol file.

Also, not sure how to define NO TRADE ENTRY for market gap opens

Please advise.

Thanks

quantumripple · **Joined:** Mon Apr 06, 2015 8:39 pm **Posts:** 10

Hi Guys,

Been a fair bit of time...haven't heard back.
Could anyone answer the query

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

I really apologize for the delay. Our support person is away on pat leave for 2 weeks. We hope things get back to normal next week.

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

Quote:

I have been wanting to place a trailing one bar stop on entry

You need to define the buy and close in a way that avoids overlap in the trading conditions otherwise you will buy and sell in the same bar. I mean the conditions to buy and sell cannot be true at the same time. In your ea I think that is the case.

Quote:

not sure how to define NO TRADE ENTRY for market gap opens

If you mean do not trade if there is a gap, you need to come up with a definition for gap that you are comfortable with
A gap can be as simple as open > previous close*1.05 (so the open is higher by 5%). The easiest way to define this is to use the ea signal builder icon. You define it visually comparing a bar with an indicator line.

quantumripple · **Joined:** Mon Apr 06, 2015 8:39 pm **Posts:** 10

Thx,

Will give it a try!

molanis.com/forum - Tools for MetaTrader : The place to ask about the best expert advisor builder, expert advisor downloads, and expert advisor programming

Incorporating trailing bar stop on entry