Description
This robot can help you to set "trailing stop".
The parameters in this robot are two:
"Trailing Stop (pips)": set the stoploss pips that you want
"Initial Stop Loss (pips)": autoset the stoploss if your trade do not have that.
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BA
baseboy
Joined on 10.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Trailing Stop.algo
- Rating: 1.25
- Installs: 7586
- Modified: 13/10/2021 09:54
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Comments
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RO
This best Bot of Trailing Stop.
it works perfectly
SA
Hello Sir,
Thanks for your sharing. May you teach me how to use it? thanks.
Best Regards.
Sam
Basic and effective trade manager
Loop Robot in X milliseconds (default 250 ms)
Add Missing SL
Add Missing TP
Move SL to Break-Even at X pips Profit
Add X pips to Break-Even SL
Trailing Stop – X pips from Price / Y pips Step (Price must move X+Y pips before moving SL – eg. 5pips from price in 10pip steps = 15pip Trail
SL Jump Settings – Target in (Pips) or (% of TP)
Jump SL to X pips at Y pips Profit – 5 x SL Jump / Profit settings
Jump SL to X pips at Y % of TP Target
Sorry link here...
http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=21&t=64&p=34816#p34816
Hey baseboy - if you're looking for ideas to for a full trade manager Robot, here's an MT4 EA, it is loaded with every SL / TP automating you could think of, I use it on every trade.
As drey requested - Move SL to Break-Even + X pips, after Y pips profit is a great addition.
Add missing TP.
Multiple jump SL settings based on user defined pip targets.
Example SL Profit (in pips)
10 25
30 50
50 80
70 120
Thanks,
A
DR
sorry i meant move to break even and lock in pips (X)
DR
could you also code move to break even at pips and start trailing at pips, in to this?
it would be much appreciated ;)
Hi Guys, sorry for this, but I cannot see the source code! It just show me a “/”
What app do I use to open these .algo files?
Sorry again, I am new to CBots coding