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  • #235567 |
    Conmariin
    Customer
    116 Posts

    There are tons of strategies out there to find a good entry. After some time you’ll find out that the goal to a constant profit is a good EXIT strategy. So I found one which I want to develop with EA Wizard. I visualized in this strategy in a chart. Does anybody have an idea how to start with this exit strategy in EA Wizard? Any suggestions? What do you think about it? Is it good or bad? Other exit strategy ideas are welcome!

    Thanks! :)

    exit strategy

    Automatisches Handeln mit Expert Advisor
    https://www.rabenesche.de

    #235593
    tomas262
    Administrator
    1823 Posts

    Hello,

    you cannot make a losing system profitable by any money-management or exit method if your system lack some statistical edge on entry points ensuring market will go in your favor more often than not. Still a good exit strategy can have huge impact on overall performance. What you suggested on the chart above can be done using EA Wizard

    #235643
    Conmariin
    Customer
    116 Posts

    Hi Tomas,

    I hope I did the first steps right. But I don’t know how to set th TS 10 pips below the second close after/while it happend. Do you have an idea? I attached the strategy. Thanks for your help! :)

    Best regards

    Conmariin

    P.S: Couldn’t either add the .sqw nor the .zip file :(

    Automatisches Handeln mit Expert Advisor
    https://www.rabenesche.de

    #235653
    Conmariin
    Customer
    116 Posts

    The exit strategy can be downloaded here

    Attachments:
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    Automatisches Handeln mit Expert Advisor
    https://www.rabenesche.de

    #235657
    tomas262
    Administrator
    1823 Posts

    ok thanks, will check

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