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Trailing stop and reverse

  • #1
  • First Post: Sep 23, 2009 6:59pm Sep 23, 2009 6:59pm
Hi guys

I'm looking for an indicator that will trail my current order at a specified distance, and reverse the position in the other direction if it is hit, so that the process of trailing starts again, like a loop. A Pip profit and loss counter would be great, you know... under the chart type in the top left.

Any one seen this or able to code it?
  • #2
  • Sep 23, 2009 8:39pm Sep 23, 2009 8:39pm
Quoting Ferrari
Hi guys

I'm looking for an indicator that will trail my current order at a specified distance, and reverse the position in the other direction if it is hit, so that the process of trailing starts again, like a loop. A Pip profit and loss counter would be great, you know... under the chart type in the top left.

Any one seen this or able to code it?
How about an EA that always wins instead?
FF = Forex Faggots
  • #3
  • Oct 17, 2009 9:40am Oct 17, 2009 9:40am
Quoting Ferrari
Hi guys

I'm looking for an indicator that will trail my current order at a specified distance, and reverse the position in the other direction if it is hit, so that the process of trailing starts again, like a loop. A Pip profit and loss counter would be great, you know... under the chart type in the top left.

Any one seen this or able to code it?
Ferrari,
Don't know a specific ea that does that yet.
Have you came accross the multi-trade managing ea?
Has a lot of options but don't know if it can be setup to do what you want.
There are quite a few oscillator type eas here which do something like what your saying that always keep you in a trade. Haven't done much back test on them yet, think I did find one that did ok in back test but mod quality was n/a.
Sound's like an good idea if you can find the right type of chart & indicator to use it on.
I started a renko ea thread, but it hasn't gotten very far yet, since my coder volunteer has been busy.

http://forexforums.dailyfx.com/exper...-advisors.html
  • #4
  • Last Post: Oct 17, 2009 10:41am Oct 17, 2009 10:41am
hi,
have you try parabolic sar or chandelier stop or gann hilo?
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