Need help with Breakeven and Trailing Stop at a certain Percentage of Profit
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@biztet I dont remember about this, could you give a summary of what you need
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Yes @roar , you share your formula in this topic,
https://fxdreema.com/forum/topic/4858/total-profit-reduces-by-x-then-close-everythingThe profit checker.
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@biztet profit reduces by x% -> close?
Most simple option would be trailing stop, it has "% of profit" option nowadays
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I'm sorry @roar , i really need your help to make one sample please.
I don't know why my head couldn't think of how to setup trailing %.
I need one so i can understand the meaning from the setting like your profit checker formula.
Please, just a simple one with the setting inside trailing stop % block.
Thank you so much. -
@biztet I dont know, it kinda depends on your system
https://fxdreema.com/shared/WQ0iub3Dc

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Ok @roar , from this setting, does it mean that the trail will start after pass 10pips, and it will start securing 5% from the profit gain? And the Trailing Step means it start securing the profit from each pips?
Am i right? -
@biztet Yes.
Trailing step = how much the SL line can move, at minimum
How big "steps" the line takes. -
Thanks @roar .
Could you please make another example using Trailing Stop for group or trades? -
huhu..i just saw the % of trailing stop in group of trades..
thousand apologize...
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is it possible to set SL at the Current Price?
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@Siggi12345 , I guess that won't be a problem. It will be modified anyway when the time comes.