Maintains a Fractal based Trailing stop
Archive for the ‘Expert Advisors’ Category
Expert Advisor Purpose: To hedge existing trades either with pending or market order hedging trades. With pending hedge trades the entry price may optionally be made to trail your existing open orders. There is also an option for a breakeven and trailing of the hedge trade’s stop. Inputs: [ Read More ]
Expert Advisor Purpose: to scale in additional trades based on a single existing trade. The characteristics of how this is done is specified through the EA’s inputs. Inputs: MaxTrades – maximum allowed concurrently open trades. Scaling in further trades will stop when this number of trades is reached StepPips – [ Read More ]
Expert Advisor Purpose: To manage trades based on the Moving Average Indicator and Market price Inputs: MA_ExitMode – possible values include SLOPE_EXIT – use slope direction (up or down) of an MA (typically on a higher timeframe) to cause trade exits MA_CROSS_EXIT – use cross of “fast” and “slow” MAs [ Read More ]
Trail and or Breakeven EA User Notes: This will be a very useful Expert Advisor for any trader placing manual trades. You can configure it to add a fixed stop to all trades. You can also configure it to do a breakeven stop adjustment (with or with out lockin profit [ Read More ]