Billy & Jim TMA & Channel & Life Health & Wealth
{quote} {quote} 1. when position reaches target, sell X-% and set SL to BE + X-pips Example: o,5 lot long...entry 1.2550....target 1.2580 price reaches 1.2580....close 0,25 lot (sell x%...variable of the EA was set to 50) SL for 0,25 moves to 1.2560 (SL to BE + x-pips....variable of the EA was set to 10) Now 50% of the position was bagged to account...the other 50% built a free trade with the chance of much more profit, saved by the SL in little profit which moves as price climbes up and up. Hope its clear now. 2. when several positions...
Hi LvMMT, For trailing stops & BE, I like to use an adjustable % of the daily ATR. For bigger time frames like 1h & 4h, something like 1% to 1.5% on 15m to 30m, I like 0.6% to.75%. Then breakeven at .6% to .8% of daily ATR. But BE is + 3 to 5 pips to cover cost.
Hello LvMMT, Thanks for your great tools that will help us! Is the red arrow area setup correct? {image}
{quote} GU broke that area
{quote} You have done well in sharing your system. I will check it out when I get a computer and see. You are a really smart trader. More blessings to you.
Thanks for the Thread LVMMT... Just Pulled the First Trigger on Live Account {image}
you have a little ... and your TP will be hit 
H6 {image}
I want to remind you this:
{quote} THAT is very important diet and sport. those who act with fear have already lost.
