Rule Trailling Stop ?
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Mobile stop rule
Friends I wanted to create something simple but I don't understand how this block "Trailling Stop" really works, I tried it in different ways but I can't get any further use.
What I basically want is:
After opening a trade, it doesn't matter if it's a sale or a purchase, when the price is at a profit of 10 pips, SL will guarantee my profit by staying 2 pips above the opening price line.
After he guarantees this profit, that is, my trade will no longer lose, I want this same line to drag on every 20 pips. -
@ontrade You'd better use two different trees to do that. Like this:
https://fxdreema.com/shared/9d9PpwF0e
The left one moves the SL to 2 pips in profit and the right one is the proper trailing stop.
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@l-andorrà
Let's see if I understand the rules you show me:You used the blocks below "for each trade" to do the following.
Whenever the current price touches 10 pips above the opening price, move the SL to -2 pips from the opening price, wouldn't that make it negative? wouldn't the correct be +2?In the "Trailling stop each trade" block did you define for when the price reaches +10 pips that would be added up to a total of 22 pips would the price move around every 20 pips? this is it?
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Hi did you try with one way ?
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@ontrade Exactly. You inderstood it correctly for the break even When I type '-2' it doesn'y mean a negative number. The block 'Pips away from open-price' is catching positive values only. What I'm doing is 'subtracting' 2 pips from a higher positive number BEYOND the open price.
On the trailing stop, the 10 pips distance is not considered anywhere because it was already solved in the previous tree. Here this blocks begins to move the SL once is it at least 22 pips in profit. This is the result of the previous 2 pips already in preoit from the previous block tree plus the 20 pips you said you want the SL to move.
More clear now?
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@l-andorrà yes, for now i understand perfectly, i will test on my strategy.
