Hello everyone,
after trading for some weeks successfully with THV V3 I am testing now this excellent working EA ...
Almost everything is clear for me, but I am not 100% sure in 2 things
(see screenshot below)
first:
The relationship of the StopLoss settings.
ClassicSL is well known here
HighLowSL is also ok (with BarsBack)
But when I will use StopLossAtrMultiplier, what else have I set to "true"? Or can I leave ClassicSL "false" and HighLowSL "false" when I will use StopLossAtrMultiplier?
I did not find that information at the manual.
second:
The relationship of the Take-Profit settings for Trailing-Stops
I know the "normal" Training-Stop well, but what is "PSARTrailingStop"?
How does it work?
When I will use this PSARTrailingStop, what else are required settings?
TrailingStopStartPips?
TrailingStepPips?
HighLowSL?
ClassicSL?
Or does that PSARTrailingStop manage all that alone, when will it start, which steps will it use and so on?
What makes more sense, the use of "Classic"-Trailing-Stops, or are the ATR related Trailing-Stops better in M1 timeframes? ... or are those PSAR-Trailing-Stops the ultimate?
http://freenet-homepage.de/dl4hao/TH...P_Settings.jpg
greetings from Germany,
DL4HAO (Dietmar)
after trading for some weeks successfully with THV V3 I am testing now this excellent working EA ...
Almost everything is clear for me, but I am not 100% sure in 2 things
(see screenshot below)
first:
The relationship of the StopLoss settings.
ClassicSL is well known here
HighLowSL is also ok (with BarsBack)
But when I will use StopLossAtrMultiplier, what else have I set to "true"? Or can I leave ClassicSL "false" and HighLowSL "false" when I will use StopLossAtrMultiplier?
I did not find that information at the manual.
second:
The relationship of the Take-Profit settings for Trailing-Stops
I know the "normal" Training-Stop well, but what is "PSARTrailingStop"?
How does it work?
When I will use this PSARTrailingStop, what else are required settings?
TrailingStopStartPips?
TrailingStepPips?
HighLowSL?
ClassicSL?
Or does that PSARTrailingStop manage all that alone, when will it start, which steps will it use and so on?
What makes more sense, the use of "Classic"-Trailing-Stops, or are the ATR related Trailing-Stops better in M1 timeframes? ... or are those PSAR-Trailing-Stops the ultimate?
http://freenet-homepage.de/dl4hao/TH...P_Settings.jpg
greetings from Germany,
DL4HAO (Dietmar)