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    Trailing Stop to Breakeven

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      didymario7 last edited by didymario7

      Hello Guys

      I want to apply trailing stop to my profitable trade up to breakeven point.
      For example my breakeven point is 2 pips from open price. The trailing starts at= 1pip profit, the trailing step is =0.1 and the trailing stop= 1pip. Now when the trade gets to 2 pips profit my stop moves to break even, then 'TRAILING STOP ENDS.

      The main challenge for me is how to get the trailing stop not to apply beyond 2 pips profit.

      Thanks

      cc @l-andorrà @bk7

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @didymario7 last edited by

        @didymario7 This is something I do regularly, in this link you can see how I do this.

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        My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

        The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

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        D 1 Reply Last reply Reply Quote 0
        • D
          didymario7 @jstap last edited by

          @jstap said in Trailing Stop to Breakeven:

          @didymario7 This is something I do regularly, in this link you can see how I do this.

          It Worked, Thanks alot.

          I just changed the "greater than" symbol to "less than" under buy and vise versa under sell.

          Once again thank you👍

          jstap 1 Reply Last reply Reply Quote 0
          • jstap
            jstap @didymario7 last edited by

            @didymario7 Your welcome, I have it => just to make sure there is a small profit rather than a small loss, glad I could help.

            Learn fxDreema Without the Wait!

            My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

            The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

            Don’t miss out

            Click here➡️ https://mybook.to/fxDreema to get your copy today!

            Enjoy! 😊

            1 Reply Last reply Reply Quote 0
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