johnnyabardi wrote:Hope I can get a little help with a conundrum I have.
I'd like to have a few different stop losses set by MPTM and am doing the following:
I have one instance of MPTM set at break-even 10 pips, 0 profit
2nd MPTM at set at break-even 25 pips, 5 profit
3rd MPTM set break-even 31 pips, 15 profit.
My problem however is that the 2nd and third MPTM do not adjust the stops. I thought this would be the easiest way to acheive the above, if not could you please help me to correct my settings to allow the above.
Johnny - MPTM has a check in it when setting BE that the SL is less than the open price (for a buy & vice versa for sell). This is why it won't move the SL for the 2nd and 3rd MPTM.
I don't really have a solution for you except perhaps to have a play with MPTM using the BE and jumping stop feature. I can't remember exactly how it works but I don't think you will be able to replicate what you want exactly but you could have BE @ 10 pips, 0 profit & 10 pip jumping stop (not including BE pips) - this will give you something similar I think but you need to test it.
BTW - having BE @ 10 pips and 0 profit seems an unusual setup. You will get stopped out many times and lose the spread every time.
Cheers,
Dave. |
When I use the EA for a single pair, it seems to work Ok (display remains steady on chart), however when I use it for a basket (and selecting the basket options etc), the EA keeps displaying on and off on the chart! This is something I also notice with the MPBM EA. The only difference between the single pairs chart and the basket chart is that the basket chart is an off-line chart. Does the EA not work properly on off-line charts? Many thanks