How to multi-tf trailing SL
-
Hello FX Dreema community,
I’m trying to build an EA with no TP and this trailing‑SL sequence:
Entry on M1 with SL = 3×ATR
Move SL to breakeven once the trade reaches +1 R
Trail SL by pullback break on each timeframe in turn: M1 → M5 → M15 → H1 → H4 → D1 (only run once per closed bar of each TF)
Can anyone show me exactly which blocks to use and how to wire them up in FX Dreema to achieve this? Thanks!
-
I don'r get the multitimefram part. How can a trade on BE on M1 be trailed by pull back on higher time frams at the same time?
-
Look, enter trade on M1. After it reaches 1R - SL to breakeven. Than wait for a Pullback on the M1. After the Pullback is broken (for example on a Long Trend) - move SL under the Pullback. Then go to the next higher timeframe so in my case, M5. Wait for the Pullback, after pullback is broken - move SL under the M5 Pullback. Then next timeframe, M15, same here, then H1, H4 and at the end the D1
-
The first part is easy (hitting 1R). However, 'waiting for pullback' is far more complicated because you need to define very precise conditions for the bot to understand it. What do you exactly mean by that?
