Multiple custom trailing steps.
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I want multiple custom trailing steps in profit.
For example the first One.
Price is 7 pips in profit then the trailing SL should be break even.Next Step would be once 11 pips are reached i want 5 pips secured with SL
The Way i thought i could work dident work.
I would appreciate some help, thx
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@tho401 This should work, hard to tell from a picture add a shared link so blocks can be checked.
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@tho401 By using so many 'break even' blocks you will probably be combining them instead of separating their action. I recommend to use variables for each step instead.
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@l-andorrà How would that look like, i never did it befor.
I would appreciate if you can help me with this.
I basicly want to create a custom trailing step system that gets tighter to the price as more it goes into profit.
Trying to leave as little profit as possible on the table as further price goes in profit. I cant realy do that with a normal trailing SL, or at least im not Aware of it.
Thats why i need multiple custom trailing steps
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@jstap it works only for 1x trailing step.
The other 3x wich should come later do not work the way i did it
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@tho401 Add the shared project link so the inside of blocks can be looked at.
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@jstap https://fxdreema.com/shared/GRkll76ce now the first 2x steps work in this test version. But the others dont
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@tho401
The idea is good, it should actually work. But you have defined the blocks differently. (Picture) I wouldn't use all the symbols either, you probably only want to address the ones on the chart.
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@rgoo Did it work for you?
For me it dident work, still only 2x conditions working at once, the others are not working -
@tho401
I have not tested it. Take a look at the BE 3 block, you have set the OFFset to 0.3, maybe that should be 3.0. -
@jstap Do you have an idea how it could be done?
No matter what i tryed, it only did the first 2x trailing steps (break even points)
The others just dont work somehow.
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@tho401 I have tried to get this setup working but only moved the SL once, the only thing I can think is use trailing stop, every time the profit = chosen pips (step), the price is moved X pips behind price (stop), you can stop this using some sort of logic, if you want the stop or step to change you could use variables that change when stop moves.
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@tho401
Yes, I have now also tested the problem.
The program fxdreema does not allow to change the BE after the first setting.
As @jstap already wrote it goes however with a TSL.
See attachment.
But your idea was good!
https://fxdreema.com/shared/iYHlokvmb -
@rgoo THX! appreciate your help and time.
