Protection + Advenced Trade Settings

Spotware
04 Oct 2013, 17:38

Mocean said:

Do you have plans to make Protection and Advanced Trade settings a global preference feature? Similar to 1 click trading settings.

I know you could write an Algo, but these are settings every trader would use.

 1) Break-Even after X pips profit + Y pips Profit

We are considering it

2) Trailing Stop + Server Trailing Stop - (can Brokers see Server Trailing Stops?)

Server trailing stop is not in our current plans

3) Jumping Stop

Please define Jumping Stop 

4) Close partial position at multiple targets

Yes it is going to be implemented (closing position partially with multiple take profits)

Mocean
05 Oct 2013, 12:55

Instead of trailing it moves the Sl in one jump once a target is reached.

Jumping Stop = Move SL to X pips after Y pips profit. Same theory as Break-Even jump.

Best setup is multiple Jump Stops for Multiple Targets so you can have a reducing SL gap.

Example...TP=100pips

1. Move SL to 5pips after 25pips profit (or Target in % of TP = 25%)
2. Move SL to 20pips after 50pips profit
3. Move SL to 50pips after 75pips profit
4. Move SL to 80pips after 100pips profit

This is the most advanced Trader Manager MT4 EA - it was derived from an EA which has 20,000+ downloads on Forex Factory. If you want to get serious about competing with MT4 then build these functions into your platform. No one will move unless you can match the free functionality provided for MT4, and no one will be bothered recoding EA's that have 1000 of hours development for cAlgo.

http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=21&t=1633

Spotware you need to do the research and the work, not your customers. It's honestly quite frustrating your priority into gimmicky enhancements and slow progress on what real traders want.

forexner12
05 Oct 2013, 13:58

RE:

Mocean said:

Instead of trailing it moves the Sl in one jump once a target is reached.

Jumping Stop = Move SL to X pips after Y pips profit. Same theory as Break-Even jump.

Best setup is multiple Jump Stops for Multiple Targets so you can have a reducing SL gap.

Example...TP=100pips

1. Move SL to 5pips after 25pips profit (or Target in % of TP = 25%)
2. Move SL to 20pips after 50pips profit
3. Move SL to 50pips after 75pips profit
4. Move SL to 80pips after 100pips profit

This is the most advanced Trader Manager MT4 EA - it was derived from an EA which has 20,000+ downloads on Forex Factory. If you want to get serious about competing with MT4 then build these functions into your platform. No one will move unless you can match the free functionality provided for MT4, and no one will be bothered recoding EA's that have 1000 of hours development for cAlgo.

http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=21&t=1633

Spotware you need to do the research and the work, not your customers. It's honestly quite frustrating your priority into gimmicky enhancements and slow progress on what real traders want.

Totally agree with Mocean. These are the features most traders badly needed in their platform. hope these features will be implemented very soon 

Spotware
14 Oct 2013, 11:44

RE:

Mocean said:

Instead of trailing it moves the Sl in one jump once a target is reached.

Jumping Stop = Move SL to X pips after Y pips profit. Same theory as Break-Even jump.

Yes, it may be implemented. We are looking into adding many options for protection in the future.

gemars
27 Nov 2019, 22:01

trading panel, or trade manager.

i am looking for trading panel in Ctrader or a position manager, who will be able sett and manage limit orders (before they become open position), and market orders. there is the same thing called trading panel on MT4 which is able to manage limit order when it is hit by market price. and it creates form one to 4 postions. lets say, we have 3 targets, and my whole position has to be 300 USD risk on 10 pips SL, so the Panel will create 3 positions with 100 USD risk, and will close 1 pozition at Tp1, adn 2. position at TP2, adn 3. postion at TP3. after hit of TP1 there is posibily to move SL to BE. or slightly under BE (-1or -2 pips) .  there is positbility of EACH TP to set on  amount of PIPS, or RRR, or price.

this video is in czech language, and it describes the features of simple trading panel -https://www.youtube.com/watch?v=LQo_YOt4Zws&feature=youtu.be&fbclid=IwAR305l2665GIJ-qmGqM_kp8y-7W5NtCH31pXJQPblk2d1NQBJK0JbtNRSW4

 but i belive is it posiible to understand its features. anyway, it is possible to set limits there by typing their price level, and making them on chart by clicking on green button Odeslat, which means Send.

my way, how to use it is this picture: https://imgur.com/xoD78ZD

here is stoplos moved automatically to BE when price hits 10 pips. (could be for ex. 7 pips) .

BUT this trading panel is unable to trail part of position below pivot lows. or when short, above pivot high, on settled time frame . i wish you can add trailing stop with pivot lows and highs, and customisable time frame (m1-30, h1-h4, daily) for this pivot low high trailing stop. I hope i dont have to explain, what is pivot low, and pivot high, and how to trail rest of trade position with it.   I didnt find any single trade manager, who is able to trail with pivot lows and highs. which makes me sad.

Greeting from Czech Republic, Josef Malár

PanagiotisCharalampous
28 Nov 2019, 08:51

Hi Josef,

You can consider posting a Job or contacting a Consultant to develop such a tool for you.

Best Regards,

Panagiotis