Trailing stops , Break even, Target Questions

I am looking for Ideas on setting Trailing stops , Break even, Target

For different currency pairs I was thinking on some type of formula based on daily ranges
Like xx% of daily range for trailing
Like xx% of daily range for stop
Like xx% of daily range for target point
Looking for any ideas or suggestion on what % or any other ideas for stops, targets

try using the ATR for the TF hyou want to trade

this not valid in my metatrader4??? why???

The indicators i post are found many places on this site and many more
trailing experts .
But i have not found much on what settings to use for what pairs

You have to realize that EA's are designed for a specific system. They're not generic. You can't just take an EA like these Trailing Stops and expect to use them on every trade. They're programmed for the system that the originator designed.

Go to the thread of the system that you got them from and find out how the system works. Then you'll know what setting to use and for what pairs.

Blues is correct in that the above indicators are meant to be used in specific systems. However since we're in the discussion forum instead of the metatrader forum, thats all we really need to know on that. The actual discussion is a good one, on my long term trades I will generally move stop to b/e at about 50% of the target. However if the 4hr chart or above forms a significant support/resistance on it's way up I will move my stop to below/above that. If you think of a trend definition as higher highs and higher lows for an up trend and vice versa, should that support be broken the defined uptrend is broken and you need to reeavaluate the trade anyway. ATR's are valuable when you don't really have a target in mind, only a trend direction. I've only used an ATR moving stop on my extra trades, which occurs after the trade has reached the target and all but a few of my lots are closed. (Always leave a lot or two in, in case it continues running.)

Edit: I hope that makes sense, I'm tired. The reason I wouldn't advise an ATR trail off the bat on a trade is because you should always have a target in mind Before entering the trade.

I like to use Average Daily Range as targets for my intraday traders. For trades with a longer time scope I personally prefer typical T.A. factors such as levels of S/R or fib extensions.