Would anybody know how I would go about making two separate trailing stops. Say I enter a position have my stop placed, then as soon as price goes into profit 100% from SL I step up 100% (my break even). Then for the second as soon as I got into profit another 200% I step up again 200%. And I only want to do this 1 time for each. Right now I have my stop loss start under my by block.
Posts made by Chemdog
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Multiple Condition Trailing Stopsposted in Questions & Answers
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RE: Stops/adding variables?posted in Questions & Answers
It is closer than when I started. I appreciate it, i'll keep working on it and i'll update you if any good news.
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RE: Stops/adding variables?posted in Questions & Answers
@trader-philipps Something like this?
https://fxdreema.com/shared/rQCuoIqVcRight, I only want to take the first breakout over the previous bear candle then once the trade closes then I look for another opportunity. And yes that is my intentions with the MAs, To only take this setup when conditions are in my favor potentially.
thanks again for your time
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RE: Stops/adding variables?posted in Questions & Answers
@trader-philipps So it seems that it's close to working but for some reason it wants to enter a trade right after a bear candle.
if you don't mind pointing out any mistakes that would be awesome.https://fxdreema.com/shared/drMzxxvxc
0_1569114719725_v.18.mq4 -
RE: Free planposted in Questions & Answers
@jomo10 Download the .mq4 first place it into your experts folder. then go into meta editor and compile to get your .ex4 thats what ive been doing.
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RE: Stops/adding variables?posted in Questions & Answers
@trader-philipps Yes you're starting loop variable at 0 and every time you loopback to check for a bear candle you add one till it finds it and you use that value as its ID.
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RE: Stops/adding variables?posted in Questions & Answers
@trader-philipps So I managed to consistently enter at the high of the recent bear candle and place a stop at the low between the two. Still having problems looping back to the bear candle. I think it's due to me not knowing how to combine two variables in one slot.
this is what I have so far.
0_1569051134573_v.12.mq4

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RE: Stops/adding variables?posted in Questions & Answers
For the first image that is correct. And the SL would be the low since that time. Between the breakout and the most recent bear candle. And atm yes i'm only checking candle id 1 is a bear candle (I think :D).
As for the second image it would look like this

thank you for the tip. Ill look into looping it back to find the most relevant bear candle. appreciate it
@trader-philipps -
RE: Stops/adding variables?posted in Questions & Answers
thanks for the tip
ill change it up. If anybody else has any suggestions i'm all ears. As you can tell im new. -
Stops/adding variables?posted in Questions & Answers
I'm having a hard time doing a custom stop placement. So the strategy is first candle to make a new high over a bearish candle. And my goal is to place a stop at the low between the bearish candle and the breakout candle. pretty much the pivot between the two. I see I can do Modify stops of trades, Market properties, Lowest price (candle period) then choose a specific distance which is nice but i would like the end candle id to be the most previous bearish candle. Thanks for any thoughts.
this is what I have so far.
0_1569001438155_v.1.mq4

just some examples
