Advanced SL EA
18 replies
Uwe6000
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.
Uwe6000
5 years ago #233245
Hello, sounds very good. thank you !
Uwe6000
5 years ago #233268
hello tomas, do you have an example ?
tomas262
5 years ago #233273