Trail a Profit

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ryanbrignac9764

Subscriber, bbp_participant, community, 89 replies.

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9 years ago #113545

Is their anyway to program an EA to trail a profit. Example below:

 

Say if my EA triggered a short position on the EUR/USD and my entry short price is 1.0800. Is their a way to program the EA for when / if the EUR/USD goes down to a trigger point of say 1.0750 and when it hits my trigger point it puts a stop loss at 1.0775??? or whatever stop price I set it at?

 

Also as the price drops in 10 pip incriments from 1.0750 to 1.0740 then now my stop loss moves 10 pips down below to 1.0765?? And so on and so forth..

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tomas262

Administrator, sq-ultimate, 2 replies.

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8 years ago #130153

Have you looked at EA trailing stop tutorial here? https://strategyquant.com/eawizard/tutorial_samples#trailstopea

You can do “trailing stop-loss” as well as “trailing profit-target” by defining rules for that in EA.

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ryanbrignac9764

Subscriber, bbp_participant, community, 89 replies.

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8 years ago #130161

Got it, thanks

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