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    Trailing Stop Loss based on Supertrend and partialy closing position

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    • A
      ASKICH last edited by

      Hello everyone,
      I tried to create an EA that do 2 jobs but failed with both :

      • It trails the position by setting the value of the Suprertrend indicator as a Stop loss at every candle closing

      • When a position hits 0.5% of the Balance, it closes half of the position and continue trailing

      I already put Supertrend MQ4 file at the Indicators folder as well as in "My indicators"

      Here is the link of my poject

      l'andorrà 1 Reply Last reply Reply Quote 0
      • l'andorrà
        l'andorrà @ASKICH last edited by

        @askich DO NOT use super trend indicator. It repaints terribly. No EA based on supertrend will work as expected. Trust me, you should find another indicator.

        (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

        (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

        (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

        A 1 Reply Last reply Reply Quote 0
        • A
          ASKICH @l'andorrà last edited by

          Hello @l-andorrà
          The Supertrend in my case is used as a forth level trend confirmation after SSL, VWAP and 38 SMA

          As for the trailing, I saw that it provide a good level that won't allow trades to close early

          The one I use for the moment is Supertrend by KivancOzbilgic that you find in TradingView, and the one I'm using with the EA works the same way as the previous 0_1648485789176_MQLTA MT4 Supertrend Line.mq4
          So my point is to set the trailing immediately after the trade was created so it starts following the profit while is going in your favor and to reduce the losses if trend reverses and when a single trade hits the 0.5% of the Balance, the EA closes half of the volume and continues with the trailing until it's closed by SL (No TP will be set)
          Hopes you could help me with those ideas as I already tried but couldn't succeed

          1 Reply Last reply Reply Quote 0
          • A
            ASKICH last edited by

            Hello everyone,

            Can somebody please help me with this problem? still can't figure out where the error is for the 2 parts

            l'andorrà 1 Reply Last reply Reply Quote 0
            • l'andorrà
              l'andorrà @ASKICH last edited by

              @askich Can you please share the link to your project? I will take a look at it.

              (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

              (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

              (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

              1 Reply Last reply Reply Quote 0
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