Looking for script - Change of trailing stop value | Forex Factory

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Looking for script - Change of trailing stop value

  • #1
  • First Post: Feb 6, 2009 2:54pm Feb 6, 2009 2:54pm
Hello,

I am looking for script that can change a value of Trailing stop when SL jumped to Break even :

Next scenario:

EUR/USD for instance: bought- 1.2930 SL- 1.2830 Trailing Stop- 50 pip
trade is going to my faivour :

current status EUR/USD 1.2980 SL - jumped to 1.2930 - in this moment I want script change the value of Trailing Stop to 70 for instance...

To be honest I do not know how complecated to write such script...

Thank you in advance if somebody can post such script..
IPipDetective
  • #2
  • Feb 6, 2009 10:51pm Feb 6, 2009 10:51pm
i wasnt gonna reply, but since no1 else has, i will

for starters, you cannot do that with a script

youl need a ea

theres tons of trailing ea's

but i must confess, theres none that i know of that will do what u ask
even though what u ask is so very simple

im realy booked, but il make it if none else does

lets give it the weekend, hopefully some1 will show up

if they dont, pm me, il code it

Quoting IPipDetective
Hello,

I am looking for script that can change a value of Trailing stop when SL jumped to Break even :

Next scenario:

EUR/USD for instance: bought- 1.2930 SL- 1.2830 Trailing Stop- 50 pip
trade is going to my faivour :

current status EUR/USD 1.2980 SL - jumped to 1.2930 - in this moment I want script change the value of Trailing Stop to 70 for instance...

To be honest I do not know how complecated to write such script...

Thank you in advance if somebody can post such script..
IPipDetective
  • #3
  • Feb 7, 2009 10:21am Feb 7, 2009 10:21am
Thank you very much TrendChaser
  • #4
  • Feb 9, 2009 12:36pm Feb 9, 2009 12:36pm
I would like to see this EA myself.
  • #5
  • Feb 9, 2009 10:21pm Feb 9, 2009 10:21pm
The only one I have is attached, not quite sure if it will do what you want but try it anyway.

It is an expert not an indicator
Attached File(s)
File Type: mq4 Mauro_Trailing.mq4   17 KB | 759 downloads
Money grows on the tree of persistence
  • #6
  • Feb 10, 2009 9:56am Feb 10, 2009 9:56am
Quoting ozmacca
The only one I have is attached, not quite sure if it will do what you want but try it anyway.

It is an expert not an indicator
Thank you I'll try
  • #7
  • Sep 16, 2010 6:57pm Sep 16, 2010 6:57pm
Hi guys this sliding trailing stop is exactly what I am looking for.
I have found a similar TS called forextrailer.com where the TS is set by the number of candles behind the price. Probelm is it is not have a sliding rule capability where you can set the first TS to 8 candles then 6 candles then 4 candles ..etc you can only a fixed number of candles to trail.

anyway I will have a look at the one posted... if anyone has an updated version of what we are after please point us in the right direction

Thank you
  • #8
  • Sep 18, 2010 1:44am Sep 18, 2010 1:44am
Does any one have instructions for the Mauro trailing stop

be much appreciated if you could send

Thank you
BigblueFX
  • #9
  • Apr 14, 2012 6:43am Apr 14, 2012 6:43am
Quoting Bigbluefx
Does any one have instructions for the Mauro trailing stop

be much appreciated if you could send

Thank you
BigblueFX
Does any one have instructions for the Mauro trailing stop

be much appreciated if you could send

Thank you

E.

It takes a lot for me to IGNORE you, but you can try.
  • #10
  • Last Post: Apr 14, 2012 6:49am Apr 14, 2012 6:49am
Quoting Erebus
Does any one have instructions for the Mauro trailing stop

be much appreciated if you could send

Thank you

E.


Inserted Code
//+----------------------User interface-----------------------------------------+
extern string  SL_TP_Trail_Options="--------------------------";
extern int     StopLoss.Pips=20;                                 // static, initial s/l. Unused if Use.Adr.for.sl.pips = true
extern int     TakeProfit.Pips=60;                               // static, initial take profit
extern int     Trail.Pips=0;                                    // trail.pips. Unused if Use.Adr.for.sl.pips=true or if value=0
extern bool    Trail.Starts.After.BreakEven=true;               // if true trailing will start after a profit of "Move.To.BreakEven.at.pips" is made
extern int     Move.To.BreakEven.at.pips=10;                      // trades in profit will move to entry price + Move.To.BreakEven.Lock.pips as soon as trade is at entry price + Move.To.BreakEven.at.pips
extern int     Move.To.BreakEven.Lock.pips=0;
extern int     Move.Trail.Every.xx.Pips=0;                       // If > 0 then ALL other s/l are dropped and trail will only move by Trail.Pips amount for every "Move.Trail.Every.Pips" in profit
extern bool    Use.ADR.for.SL.pips=false;                        // if true s/l and trail according to average daily range and tsl.divisor
extern double  tsl.divisor=0.40;
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