Closing strategy for EURUSD

[Rodrigo Ortuzar]

Can someone confirm for me:
First that this closing strategy does not have any logic problem ?
Second that the values are balanced, specifically for EURUSD ?
Any input is helpful, thanks.
https://fxdreema.com/shared/FuurJHJXd

[jstap]

@rodrigo-ortuzar To me this should work but in losable positions you likely don't need (-15), for the losable block should probably be (15).

[Rodrigo Ortuzar]

JSTAP All the reason, thanks

[jstap]

@rodrigo-ortuzar Your welcome

[Rodrigo Ortuzar]

Hi jstap help me to parameterize the configuration of this closing strategy with trailing stop in EURUSD, so that it opens or starts to work with a positive profit and that when the TS starts, place the Stop Loss only when it is greater than 0 profit. Can you help me with the corresponding variables ? I put 2 alternatives, I don't quite understand the logic: https://fxdreema.com/shared/jPPkjXuCb

[jstap]

@rodrigo-ortuzar I have never used these blocks but all those options are in the standard trail block.

[Rodrigo Ortuzar]

What do you mean by standard trail block? or send me a picture of where.
Many thanks.

[jstap]

@rodrigo-ortuzar It's the trailing stop block you have in your attached project, start = when to start the trail, step = mow much profit before moving the stop, stop = how far behind price to keep the stop, this happens in the order stated so,

1st = start
then 2nd = step
then 3rd = stop

You can also use break even if you only want stop to move once, you can start/stop these blocks with any condition above.

[Rodrigo Ortuzar]

More clear:
So the stop loss will be placed below the start at the same distance as there is between the stop and start, is that correct?
And the take profit would be placed above the stop at the same distance as there is between the stop and start, is that correct?
If so, is block 208 unnecessary?
https://fxdreema.com/shared/l3aNXACsd

[jstap]

@rodrigo-ortuzar SL and TP are placed wherever you se them in the buy/sell block, when other settings in the trail block are true the stops will move accordingly.

[Rodrigo Ortuzar]

Yes, you are right, I forgot to specify that in the buy/sell block No SL and No TP are executed, then when starting the TS the SL and TP appear?
So the ST will be placed below the start at the same distance as there is between the stop and start, is that correct?
And the TP would be placed above the stop at the same distance as there is between the stop and start, is that correct?
https://fxdreema.com/shared/l3aNXACsd

[jstap]

@rodrigo-ortuzar Am on phone now so using this forum is more difficult than normal, if no stops are placed then as trail settings become true stops will be placed, if trade goes in wrong direction the loss will just get worse.

[Rodrigo Ortuzar]

There is no rush, when you have time, go easy.
For the losing positions I use another losing strategy that I am still developing, what is your opinion?
https://fxdreema.com/shared/nol90FRDd