The trailing stop was the first function I coded into mptm about 6 years ago. The candlestick trailing stop I added a lot, lot later at the request of a user. I have never used it.opieness wrote:OK.. Using MPTM direct from post #1, I created this .set file: .dudest wrote:Does the stop move with the candles when you used the vanilla (default) MPTM on post #1?opieness wrote:I had the same problem with the SL not moving. I'm using the candlestick stop 1 candle back on 240. No BE or anything else. It moves to the correct position initially, but doesn't move as more candles show up. If I move the SL, it snaps back to that initial candle SL, even with new candles on the screen.
I would add a set file, but I customized the candle stop to the low/high instead of the close, added a few screen comments and a pip cushion to the high/low. Nothing that would affect the SL from moving.
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Put it on the 1M timeframe to see results quick. Got same results on 15M. These are the only settings:
TrailingStop - true
UseStandardTrail - false
TrailingStopPips - 30
UseCandlestickTrail - true
CandlestickTrailTimeFrame - 1
CandleShift - 5
Problems: (I tried to fix all of these but this was way over my head!)
1. Comment says "Trailing stop on and set to 30". This is wrong according to the settings. Simple fix I made to my copy.
2. Buy/Sell trade - s/l doesn't adjust until it's moved about 25 pips from the open, then it finally snaps back to the correct s/l behind the 5th candle from when the trade was taken. It should just snap back at the next tick. Same whether in profit or not.
3. The s/l never adjusts from the 5th candle of when the trade was taken.
4. The s/l should also be on the High of 5th candle during sell, or Low of 5th candle during buy, not the close of candle. Simple fix I made to my copy.
My coding abilities are pretty basic, but an extra I would LOVE to see is this choice:
1. CandleShift = 5, sets s/l on the high or low of 5th candle back. (current setting, but also..)
2. CandleShiftHL = true, would set s/l on the highest or lowest candle of last 5 candles.
Seems like an easy add I may be able to do, once the above problems are fixed.
Thanks for the help!!!
It is possible that the cst code does not work. Looking at it with the benefit of hindsight and acquired coding knowledge, I am amazed that I coded it within the trailing stop function rather than separately.
I might try to sort this out at some stage but am called upon to do quite a lot of coding here and have no interest in this, so don't hold your breath.
