How to set narrow Breakeven and Trailing Stop (1 pip) for EURUSD
-
Hi, seeking for help on how to set up breakeven and trailing stop for EURUSD.
For example:
Long Entry Price : 1.08000To activate Trailing Stop Loss after the price go up to "1.08010" with 1 pip profit.
The Trailing stop will start from 0.1 pip above entry price - "1.08001" and keep trailing at 1 pip.
I have done the project and run a backtest on MT4, but I keep getting error message from the Broker MT4 saying the stoploss is too tight and need to be 28 points minimum as image below :

However, I get another bot from another teacher and his bot able to do this narrow trailing stoploss from entry price - always trailing at 10 pips when i run the backtest in MT4. You can see the test results below as image below:

So I wonder how can I do the same.
I hereby share my project here for your reference:
https://fxdreema.com/shared/0vCze0s2cHelp needed!!!
Desmond
-
You said what the problem is. Is it not a question of wrong logic/coding. You broker does not accept such a tight SL. Backtesting is NEVER a reliable source of information for what the broker does accept or not. Definitely you will have to find another broker, sorry.
-
Thanks for your feedback.
But what I'm curious is how come my teacher's bot able to set the SL and there is no such error in the backtest by using the same broker.
If it's the rules set by the broker, my teacher's bot should get the same error as mine, but it didn't.
Thanks.
-
It should, but there are different types of accounts, retail vs professional. Maybe this is the problem
-
@jstap Exactly.
-
But the issue is I use the same trading account with two diff bot, but one able to do that but my bot not able to do that.
-
@liangko Then you are not having the exact same version of the bot.