Posts made by Julianrob

@jstap Yeah thanks, I tried that. It's not working in backtesting. I'll try it out on a demo account when the market reopens

@jstap Thanks for your assistance.
Trying that doesn't work on backtest. I tried every other combination, making it an int setting, adding 'pips' word after it, etc., It seems like it doesn't like having input variables in that adjustment box. I'll probably just have to hard code a 3 pip stop for this. It would be lovely to be able to switch off the trailing stop a much easier way. All your help appreciated

@jstap Great, thankyou!
I got it working exactly how I want now - In this instance on GBPUSD, I want it to trail price immediately and stop at 3 pips in profit. That way I can manually exit the trade based on the volume, price movement or news figures.

I was missing 'pips' word in the adjustment box as described beside it.
HERE is my new coding (+3 pips) in adjustment box, now it's working like a charm

Just one last question - can I make this 3 pips an input, and vary it in settings? I've tried adding "+Break_Even_Add_Pips pips" but it doesn't seem to be recognizing the (Break_Even_Add_Pips) input I have as an input setting

@jstap Yes, I want to use the trailing stop as a break even stop plus a few pips, but have it work to start reducing risk as soon as the trade goes into profit, just like the trailing stop does.

Thanks for the reply with the answer. I tried that solution, except would make more sense - For buys, when stoploss is <= open price, then add trailing stop block, instead of when bid/ask <= open price. Got it working now, only sometimes, on GBPUSD however still not working on XAUUSD. (when I put an amount in the 'adjust' window, it stops working altogether, the trailing stop continues to move with price a lot further.)This would be absolute magic if I can get it working because it's going superbly for NFP straddle trades, and protects the account most times during whipsaw

HERE's my logic now.

Re: Stop "Trailing Stop"

I am having trouble with this command. I would like the stop to trail immediately, then stop at X pips in profit, which I nominate as 30 in the case of gold (XAUUSD).
I have tried many variations of commands - etc.,
"If Trade" > "condition" in loop, stoploss (price level) < Value, text, (variable: Result 1) (Where result1 is the formula "trade/order in loop", open price + Value: pips, 30, THEN > "Trailing stop (each trade)"

However this is not working. for some reason trailing stop does not move at all. Could someone assist please? Thanks in advance. Julian

Hi,

When I'm in a sell trade and up 50 pips, I'd like to move my stop loss to break even point plus offset of 10 pips. When I use break even trades and use 10 pips as BEP offset, I notice in backtesting the stop is moved to 10 pips in loss, not in profit. Is there a way I can have it move the stop loss to lock in the offset of 10 pips profit on sell trades? I tried using a negative value, this still did not work

Your help appreciated, thanks.

Julian