Help with trailing stop[FIXED], another question
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Hi admin,
I've done a small ea and I need to improve trailing stop, so the program start with the block 1No order/trade exists to do only one order at time.
After some conditions check the ea will buy or sell, and the trailing stop block it's connected to the 1st block.
My questions are:
in buy or sell block I've to set stop loss to no stop loss if I use trailing stop? Or I set them however?
Is not clear to me the difference between trailing stop loss or trailing take profit, if I want that the stop loss move and the ea continues to take profit I've to trail stop loss isn't it?thank's for the answers, and for the patience
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Where can you see Trailing take profit? There is an option to trail Take-Profit in the "Trailing stop (each trade)" block, but there is no block like "Trailing take profit". So, this option is the reverse of trailing Stop-Loss. Yes, the block's name contain the word "stop", but you can imagine that it means either SL or TP.
To set or not initial stops... Depends on "Start" option in "Trailing stop (each trade)". By default it does not matter if the trade has initial stops or not.
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Hi admin, sorry for my exposition, I meant "Trailing stop (each trade)" as you indicated.
thank's -
Hi admin, if I check some conditions and I want to check again after n times is correct to use the block "counter: count "n", then pass"? the "n" is refer about time? and which unit of measure it is about?
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"n" means number of passes, number of times you run this block. Better try "Once per minutes" or "Once per bar", something like this
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So I have to improve the conditions before and after the once per bar block to check if conditions are verified? And the value that I can modify is how many times the conditions are verified in the bars?
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I don't know your idea. If you really want to count, use the counter. My feeling is that you don't want to do this, so I suggested some filter blocks.
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the idea is to check once the conditions and after 3 minutes to check again if conditions are still verified, but the doubt is about use once per minutes or once per bar. Surely is because I have not understand at all what the blocks do.
Thanks -
For that reason I wrote some descriptions for each block http://prntscr.com/6ywozl
