Where to place module to stop losses
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Hello everyone. Any video that explains where to place the module to stop losses? thanks for your help? Good year!
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@ramon2020-1 It can be positioned in many different places depending on the strategy to implement. What do you need to know exactly?
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after "If Trade," I think is what he's looking for
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@jsauter86
Hello I have a project that works quite well but if the price is fluctuating in the overbought or oversold areas it gives many consecutive losses and I need to limit those losses to 3 or 4. This is the project link SIgvOSbdb. Thanks for your help. Good year !! -
@ramon2020-1 said in Where to place module to stop losses:
SIgvOSbdb
The link is not functional. Can you please reupload it?
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@l-andorrà
Hi.
Thanks for your help. This is the link.
https://fxdreema.com/shared/bukUi222c -
@ramon2020-1 Here you have my recommendations:
- Disconnect the trailing stop from its current position. That will never work correctly. Just create a new separate block tree with it connecte below a 'Pass' block.
- Remove both 'AND' blocks. They are redundant when you are connect blocks vertically.
Try those changes and let us know.
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@l-andorrà
Hello
Thanks for your enormous help. Is this construction correct to stop losses? Thank you so much again . Regards. https://fxdreema.com/shared/3CeinXXqd -
@ramon2020-1 That is a much better structure. However, the trailing start distance in block 9 is incorrect. There is a letter 'O' istead of a number '0'. On the other hand you should reconsider that. What do you exactly want with that?
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@l-andorrà
Hello, I want to be able to limit the losses per stop, for example 2-3 or 4. When the price lateralizes in the overbought or oversold areas, touch the stop loss of the first trade and then continue buying as many times as the RSI indicates without take into account the first variable (MA) and have made up to 10 loss trades. Thanks for your help. -
@ramon2020-1 That requires a much more complex structure. Firstly you need to define the precise conditions for a market to be considered as moving sideways. Then all the other features can be incorporated step by step.
On the other hand, when you say you want to limit 'the losses per stop', do you mean the maximum amount of consecutive losses maybe?
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@l-andorrà
Hi. Whether to stop consecutive operations closed by stop loss (losses). Thanks for your help -
@ramon2020-1 You can limit the maximum amount of consecutive loss with the 'check consecutive losses' block you used in your project. However, you should configure it with '<=' symbols instead of the current one '>='.
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@l-andorrà
Thank you. Good year Greetings -
@ramon2020-1 You're welcome.
