Disliked{quote} The initial idea was to not use a stop loss or take profit, and close the position when signal pairs are out of sync. However I found it better to have a stop loss and a trailing stop, and allow for trades to open in both directions when signaled, while running trades can be closed at SL or trailing, as long as SL/Trailing are relatively far enough based on the time frame used. Having the initial SL at swing high/low is not a bad idea as long as it is far enough to allow for price noise. Also sops can be trailed by last high/low.Ignored
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,486 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,486 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,486 Posts
MT4/MT5 EAs/Indicators/Alerts coder