Profit Trailing (on close) ..how to convert tick by tick?!

//+------------------------------------------------------------------+
/**
 * manage trade - move SL to break even or trailing stop
 */
void manageStop() {

    if(!sqIsBarOpen) return;

... rest of code

If you comment out the:

if(!sqIsBarOpen) return;

line as:

// if(!sqIsBarOpen) return;

Then the manageStop function will run for every tick , and all types of stop loss move will occur every tick where required.  This will make a much bigger CPU load on computer though.

…. and it will ruin your strategy. You´ll see that in 99% of the cases running a strategy with trailing by tick instead of bar open (how it was created by SQ) will result into a negative equity curve. It´s simply because the strategy was found by SQ with a on bar trailing and was created like that. Speeding up the trailing like that will change the whole strategy completely and will do you no good, but you´ll see what I mean when doing your tests in MT4 with trailing by tick instead of bar open;)

//+------------------------------------------------------------------+
/**
 * manage trade - move SL to break even or trailing stop
 */
void manageStop() {

    if(!sqIsBarOpen) return;

... rest of code

If you comment out the:

if(!sqIsBarOpen) return;

line as:

// if(!sqIsBarOpen) return;

Then the manageStop function will run for every tick , and all types of stop loss move will occur every tick where required.  This will make a much bigger CPU load on computer though.

thanks for the reply my friend.. so i have comment out “if(!sqlsBarOpen) return;” with ” // ” and the result is this :

from this standard code …

at this :

Only the getProfitTrailingByTick function will having any affect if it is defined with a number of pips as the return value (this one is blank, so doesn’t do anything).

double getProfitTrailingByTick() {
   if (OrderType() == OP_BUY) {
      // long value here
   } else if (OrderType() == OP_SELL) {
      // short value here
   }

   return(0);
}

The other type of stop trailing (which uses one or more indicators) will still trail on close, because the indicator value only changes every bar:

double getStopTrailingByClose() {
   double value = 0;
   if (OrderType() == OP_BUY) {
      value = iCustom(NULL,0, "Pivots", 0, 0, 15, 0, 0, 0, 0, 0, 0, 1) + (0.8) * (MathAbs(iIchimoku(NULL, 0, 9, 26, 52, MODE_KIJUNSEN, 1) - iMA(NULL, 0, 1872, 0, MODE_LWMA, PRICE_CLOSE, 1)));

   } else if (OrderType() == OP_SELL) {
      value = iCustom(NULL,0, "Pivots", 0, 0, 15, 0, 0, 0, 0, 0, 0, 1) + (-0.8) * (MathAbs(iIchimoku(NULL, 0, 9, 26, 52, MODE_KIJUNSEN, 1) - iMA(NULL, 0, 1872, 0, MODE_LWMA, PRICE_CLOSE, 1)));
   }

   return(value);
}

Only the getProfitTrailingByTick function will having any affect if it is defined with a number of pips as the return value (this one is blank, so doesn’t do anything).

double getProfitTrailingByTick() {
   if (OrderType() == OP_BUY) {
      // long value here
   } else if (OrderType() == OP_SELL) {
      // short value here
   }

   return(0);
}

The other type of stop trailing (which uses one or more indicators) will still trail on close, because the indicator value only changes every bar:

double getStopTrailingByClose() {
   double value = 0;
   if (OrderType() == OP_BUY) {
      value = iCustom(NULL,0, "Pivots", 0, 0, 15, 0, 0, 0, 0, 0, 0, 1) + (0.8) * (MathAbs(iIchimoku(NULL, 0, 9, 26, 52, MODE_KIJUNSEN, 1) - iMA(NULL, 0, 1872, 0, MODE_LWMA, PRICE_CLOSE, 1)));

   } else if (OrderType() == OP_SELL) {
      value = iCustom(NULL,0, "Pivots", 0, 0, 15, 0, 0, 0, 0, 0, 0, 1) + (-0.8) * (MathAbs(iIchimoku(NULL, 0, 9, 26, 52, MODE_KIJUNSEN, 1) - iMA(NULL, 0, 1872, 0, MODE_LWMA, PRICE_CLOSE, 1)));
   }

   return(value);
}

Sorry.. but not run by tick 🙁 i compile in this way but not have a trailing by tick .. it’s not correct ?

Okay, it’s a bit more complicated by the fact that the manageStop function uses Close[1] as the current price.  Of course this price only changes every bar, so the stop is only moved every bar.

         //------------------------------
         // profit trailing on TICK!!!!!
         trailingStopValue = getProfitTrailingByTick();
         if(trailingStopValue > 0) {
            if(OrderType() == OP_BUY) {
               tsLevel = Bid - trailingStopValue;
            } else {
  	            tsLevel = Ask + trailingStopValue;
            }

Change the code as shown above, by replacing close with Bid and Ask.

Okay, it’s a bit more complicated by the fact that the manageStop function uses Close[1] as the current price.  Of course this price only changes every bar, so the stop is only moved every bar.

         //------------------------------
         // profit trailing on TICK!!!!!
         trailingStopValue = getProfitTrailingByTick();
         if(trailingStopValue > 0) {
            if(OrderType() == OP_BUY) {
               tsLevel = Bid - trailingStopValue;
            } else {
  	            tsLevel = Ask + trailingStopValue;
            }

Change the code as shown above, by replacing close with Bid and Ask.

i have change in Bid & Ask .. but never changed.. not trail 🙁

I made those changes and the trailing by tick worked for me:

211    2015.08.24 02:45    buy    11    1.00    1.56723    0.00000    0.00000    0.00    9788.26
212    2015.08.24 02:45    modify    11    1.00    1.56723    1.54657    0.00000    0.00    9788.26
213    2015.08.24 02:50    modify    11    1.00    1.56723    1.56723    0.00000    0.00    9788.26
214    2015.08.24 02:52    modify    11    1.00    1.56723    1.56724    0.00000    0.00    9788.26
215    2015.08.24 02:52    modify    11    1.00    1.56723    1.56725    0.00000    0.00    9788.26
216    2015.08.24 02:52    modify    11    1.00    1.56723    1.56726    0.00000    0.00    9788.26
217    2015.08.24 02:52    modify    11    1.00    1.56723    1.56727    0.00000    0.00    9788.26
218    2015.08.24 02:52    modify    11    1.00    1.56723    1.56728    0.00000    0.00    9788.26
219    2015.08.24 02:53    modify    11    1.00    1.56723    1.56729    0.00000    0.00    9788.26
220    2015.08.24 02:53    modify    11    1.00    1.56723    1.56732    0.00000    0.00    9788.26
221    2015.08.24 02:53    modify    11    1.00    1.56723    1.56734    0.00000    0.00    9788.26
222    2015.08.24 02:53    modify    11    1.00    1.56723    1.56737    0.00000    0.00    9788.26
223    2015.08.24 02:53    modify    11    1.00    1.56723    1.56739    0.00000    0.00    9788.26
224    2015.08.24 02:53    modify    11    1.00    1.56723    1.56740    0.00000    0.00    9788.26
225    2015.08.24 02:56    s/l    11    1.00    1.56740    1.56740    0.00000    10.73    9798.99
 

You have to remove the “if (OrderOpenTime() >= Time[0])…” line as well, as it otherwise does exit the function at this point as long as the order isn´t opened for at least 1 bar. So it will only begin trailing (by tick in your case) 1 bar after the order was opened. If you remove that line, it will begin right away 1 tick after the order was opened.

I am still telling you: this will not lead to anything more profitable than your original strategy, it will be worse, much worse to trail by tick, if the strategy was created with on bar trailing. You kill the whole strategy this way as also the next orders will be affected by earlier closing of previous orders. It´s the perfect way to rid of your money to do that, but seems you have to learn the hard way:)

//+------------------------------------------------------------------+
/**
 * manage trade - move SL to break even or trailing stop
 */
void manageStop() {

    //if(!sqIsBarOpen) return;
      
   double trailingStopValue, moveSLValue;
   double orderSL, normalOrderSL, orderOpen;
   double close = Close[0];
   double tsLevel, newSL;

   for(int i=0; i= Time[0]) continue; // exit if the order was just opened

         //------------------------------
         // profit trailing on close
         trailingStopValue = getProfitTrailingByTick();
         if(trailingStopValue > 0) {
            if(OrderType() == OP_BUY) {
               tsLevel = close - trailingStopValue;
            } else {
  	            tsLevel = close + trailingStopValue;
            }
            orderSL = OrderStopLoss();
            normalOrderSL = getNormalSL(orderSL);
            newSL = getSpecialSL(tsLevel);

            if(OrderType() == OP_BUY) {
               if(isSLCorrect(tsLevel) && (orderSL == 0 || normalOrderSL  tsLevel)  && !doublesAreEqual(orderSL, newSL)) {
     	            rettmp = OrderModify(OrderTicket(), OrderOpenPrice(), newSL, OrderTakeProfit(), 0);
     	         }
            }
         }

			//--------------------------------------------------------
   		// manage stop trailing on close
         trailingStopValue = getStopTrailingByClose();
         if(trailingStopValue > 0) {
            orderOpen = OrderOpenPrice();
            orderSL = OrderStopLoss();
            normalOrderSL = getNormalSL(orderSL);
            newSL = getSpecialSL(trailingStopValue);

            if(OrderType() == OP_BUY) {
              	if(isSLCorrect(trailingStopValue) && (orderSL == 0 || normalOrderSL  trailingStopValue) && !doublesAreEqual(orderSL, newSL)) {
	           		rettmp = OrderModify(OrderTicket(), OrderOpenPrice(), newSL, OrderTakeProfit(), 0);
	           	}
	         }
         }

         //--------------------------------------------------------
         // manage SL 2 BE (by tick)
         moveSLValue = getMoveSLValueByTick();
         if(moveSLValue > 0) {
            orderSL = OrderStopLoss();
            normalOrderSL = getNormalSL(orderSL);
            orderOpen = OrderOpenPrice();
            newSL = getSpecialSL(orderOpen);

            if(OrderType() == OP_BUY) {
               if(isSLCorrect(orderOpen) && (close - orderOpen >= moveSLValue) && (orderSL == 0 || normalOrderSL = moveSLValue) && (orderSL == 0 || normalOrderSL > orderOpen) && !doublesAreEqual(orderSL, newSL)) {
                  rettmp = OrderModify(OrderTicket(), orderOpen, newSL, OrderTakeProfit(), 0);
               }
            }
         }
      }
   }
}
//+------------------------------------------------------------------+

This is the the complete code to replace, this will trail your order tick by tick then.

..many thanks geektrader 😀 .. I’ll try this once and I’ll let you know

NO, SQ will only create strategies with trailing on BAR CLOSE as explained several times here and in other threads. The only thing you can do is to export a EA for MT4 that trails ON TICK by modifying the MQL4 code in the way we´ve posted it for you already quite a few times in this thread. This will NOT change anything about the fact that SQ STILL will only create strategies with trailing on bar close only. And why that is the case, was also explained in the Forum (by me and others) a few times.