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Ea for take profit and stop movement based off risk(stop loss) 13 replies
Stop Loss vs. Hidden Stop Loss 26 replies
Who is best ? stop loss or trailing stop 46 replies
Custom trilling stop loss starting not from breakeven 14 replies
Stop Loss and Trailing Stop 0 replies
DislikedI'll follow this thread as well. Let's see the potential of this variation.Ignored
DislikedThanks, I believe this custom stoploss system can actually be applied to a number of trending strategies.Ignored
DislikedRight now my head is just not working. It is too late. I gotta think of this trailing stop adjustments tomorrow. i tis not as simple as original rules.
Anyway, great job.
another great point about this system, that we have a point of reference around which price moves and we have some kind of lever to trade. Not like a total chaos.Ignored
DislikedHi Pharoah,
Thank you for sharing your system with us. I didn't see where you address the dealer spread. Do you not include it in your trading system?
Thanks.Ignored
DislikedI note from one of your earlier posts on a different thread that results were not good on previous years, notably 2000. I have noticed the same.
Have you considered a filter such as only taking trades in the direction of the daily trend?
It seems to me that this is essentially a weekly strategy and is asking a bit much to base that strategy on the break out direction and range of one 4 hour bar.Ignored
Dislikedok guys, I've taken a screenshot of my current position, I'm using the demo account from FXDD as this is the one you are all most familiar with for all my screenshots.
Attachment
You'll see in this image, I have made a crosshair to mark my stoploss, and have setup a vertical line to mark my net stoploss point for the next bar, my order was triggered on the breakout of the breakout zone.Ignored