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Fellow traders....

Can someone pls tell me how to set a trailing stop/SL to the value of an indicator? You must have this one in the bag Rjo...

Thanx

Cannot do it in the strategy builder. You need edit the ea code and add a function for that.

I only found this post today, so sorry I didn't answer sooner.

This is a bit complex but, as the mods already said, can be done by modfying the CheckTrailingStop code in SB Pro. For a detailed example, Google The8_EA and Ctrl-F CheckTrailingStop in that EA and in your EA for comparison. Have a look at the conditions within that function and you will see what I'm getting at. Consider adding your new condition like && Bid>iCustom(blah blah blah) following TrailingStop>0. This should at least give you a direction to go in.

Assuming I understand what you're saying.. for example, you would like to exit the position when the RSI is 10 points off it's high??

What about:

- creating an indicator that plots the high of the last 20 bars etc for the RSI (custom1)

- then a new indicator of custom1 - 10 (custom2)

- then a SB condition when RSI < custom2

Cheers

Thanx guys... but I've actually worked this one out.... well, not me but this other guy....

He's done a brilliant job w.r.t.... and all credits to him...

Have a look at this trade manager.... very simple... but powerful....

Compuforex_Trade_Manager.....(Google it)

It might seem a bit complicated at first but once you have a good look at what this guy is on about... it really makes sence...

Seems like a nice guy as-well...

Later