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    Need help with Breakeven and Trailing Stop at a certain Percentage of Profit

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    • roar
      roar @biztet last edited by

      @biztet I dont remember about this, could you give a summary of what you need

      Need small help? Tag me in your post
      Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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      • B
        biztet last edited by biztet

        Yes @roar , you share your formula in this topic,
        https://fxdreema.com/forum/topic/4858/total-profit-reduces-by-x-then-close-everything

        The profit checker.

        roar 1 Reply Last reply Reply Quote 0
        • roar
          roar @biztet last edited by roar

          @biztet profit reduces by x% -> close?

          Most simple option would be trailing stop, it has "% of profit" option nowadays

          Need small help? Tag me in your post
          Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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          • B
            biztet last edited by biztet

            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.

            roar 1 Reply Last reply Reply Quote 0
            • roar
              roar @biztet last edited by

              @biztet I dont know, it kinda depends on your system
              https://fxdreema.com/shared/WQ0iub3Dc
              0_1601313235683_28a57731-a23a-4c2e-823d-91fb20e84a25-image.png

              Need small help? Tag me in your post
              Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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              • B
                biztet last edited by

                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?

                roar 1 Reply Last reply Reply Quote 0
                • roar
                  roar @biztet last edited by roar

                  @biztet Yes.

                  Trailing step = how much the SL line can move, at minimum
                  How big "steps" the line takes.

                  Need small help? Tag me in your post
                  Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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                  • B
                    biztet last edited by

                    Thanks @roar .
                    Could you please make another example using Trailing Stop for group or trades?

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                    • B
                      biztet last edited by biztet

                      huhu..i just saw the % of trailing stop in group of trades..
                      thousand apologize... 😉

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                      • S
                        Siggi12345 last edited by

                        is it possible to set SL at the Current Price?

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                        • B
                          biztet last edited by

                          @Siggi12345 , I guess that won't be a problem. It will be modified anyway when the time comes.

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