EA trailing stop | Forex Factory

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EA trailing stop

  • #1
  • First Post: Jul 24, 2009 11:02pm Jul 24, 2009 11:02pm
I use EA

I set tp=50 , sl=100 , trailing stop =20

But my trades close at stop loss at 0 pip profit or 1 pip profit

why they do not close at trailing stop 20 ??

sometimes this also happen when i trade manually

thanks
  • #2
  • Jul 25, 2009 3:28pm Jul 25, 2009 3:28pm
Quoting webforex
I use EA

I set tp=50 , sl=100 , trailing stop =20

But my trades close at stop loss at 0 pip profit or 1 pip profit

why they do not close at trailing stop 20 ??

sometimes this also happen when i trade manually

thanks
I don't know the way you've got your trailing stop set up as there are all different types but it's probably because price has to go 20 pips into profit before the trailing stop kicks in. If price went 21 pips into profit, and then reversed 20 pips, the trailing stop would trigger leaving you with a 1 pip profit.

I won't comment on your risk:reward
  • #3
  • Jul 26, 2009 9:01am Jul 26, 2009 9:01am
Quoting webforex
I use EA

I set tp=50 , sl=100 , trailing stop =20

But my trades close at stop loss at 0 pip profit or 1 pip profit

why they do not close at trailing stop 20 ??

sometimes this also happen when i trade manually

thanks
Does it close with a 0-1 pip profit immediately after opening? If so, it's a coding problem: at one pip you open your position, then the next tick comes and you close. Also, if your broker uses decimal pips, you want to use a 500 tp, 1000 sl and 200 ts (multiply everything by 10). Maybe it would help if you posted the code here.
  • #4
  • Jul 29, 2009 10:40pm Jul 29, 2009 10:40pm
no coding problem.

if i set up trailing stop = 10 pips , then if prices go beyond 11 pips and move back 10 pips i still get 1 pip ?

are you saying I should not set trailing stop in my EA ?
  • #5
  • Last Post: Jul 30, 2009 2:45am Jul 30, 2009 2:45am
Quoting webforex
no coding problem.

if i set up trailing stop = 10 pips , then if prices go beyond 11 pips and move back 10 pips i still get 1 pip ?
if they go BEYOND 11 pips (e.g. 12 pips) and then back 10 pips, you should close with that first max pip movement - 10 pips (2 pips in the example). If that's not the case, there's a bug somewhere.

Quote
are you saying I should not set trailing stop in my EA ?

no, that's not what I'm saying
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