Advanced SL EA

18 replies

Uwe6000

Subscriber, bbp_participant, community, 27 replies.

Visit profile

6 years ago #203521

Hello, I want to create the following profitable SL-EA, but it’s not easy.
Especially the values “current course” + “current SL” and distance from course to MA.

Example:
1. SL = Low (2)

2.
Current price is> 40 pips from the opening price of my order (break even)
then: set SL to break even + current spread

3.
if Close Low (1)> current SL
then: move SL to Low (1)

4.
SMA10 + 10 pips distance => current SL
then: move SL to SMA10 + 10 pips distance

5.
if gap current rate is greater than 40 pips to the SMA10
then: move SL + 30% of the distance from the SMA10 to the current price

How can you realize that?
Thank you for ideas or examples.

0

Uwe6000

Subscriber, bbp_participant, community, 27 replies.

Visit profile

5 years ago #233245

Hello, sounds very good. thank you !

0

Uwe6000

Subscriber, bbp_participant, community, 27 replies.

Visit profile

5 years ago #233268

hello tomas, do you have an example ?

0

tomas262

Administrator, sq-ultimate, 2 replies.

Visit profile

5 years ago #233273

Hello,

try the EA attached

0

Viewing 3 replies - 16 through 18 (of 18 total)

1 2