TRAILING STOP - NOT TRAILING (link attached)
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I saw a Tutorial video for setting a trailing stop. But upon applying it in my custom situation, it does not trail. What am I missing here ? (link below)
INTENTION -
My intention is to :
- have a sell now trade
- with a pending sell order 100 pips later
- I want both orders to have trailing stops of 100 points.
- I want to "Manually" execute the robot (hence it is in the "Init tab" not in the "on Tick" tab)
- I would like to use the simplest possible logic.
THE PROBLEM -
Upon executing the robot, the stop-loss orders do not trail. They just remain in one position and do not follow current price. I noticed that in the tutorial I saw, there was an "if no trade block first", I do not have it here but a "Pass" block since mine is in the "Init" tab. I do not know what I am missing, please assist. Remember, I am trying to do this with the simplest possible logic. Link below, thanks !!!
LINK -
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@nande-designs Move all your blocks to the 'on tick' tab. You will never want what you get on the 'on init' tab.
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On the 'On Tick' tab, the robot does not allow me to execute it "manually" only when I want to execute it. Instead, it just goes off and executes itself automatically right away... Can I stop that in the 'On Tick' tab ?
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@nande-designs I don't fully understand how many trades are supposed to be open at the same time. Are aal of them open at the same time? And are all of them manually opened?
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@l-andorrà I manually open the robot once. Then all the orders open sequentially. The first order is a sell, the second is a pending sell order, they open one after the other. All I do is execute once, then they launch sequentially.
My issue with the "On TIcK" tab is that, I do not have control of execution, it just goes into a trade automatically before I manually tell it myself. But alternatively, on the "inIt" tab, It wont launch unless I manually launch it, which is what I want.
The important part that does not work is the "trailing" part though...
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@nande-designs Then split ip the EA. Launch your trades on the 'on init' tab and move your trailing stop block (cinnected to a Pass block) to the 'on tick' tab. That way you will get both effects.
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The splitting actually works ! Thanks (Excited for days) !
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@nande-designs You are welcome man!