digitalsakurauk Posted May 9, 2011 Report Share Posted May 9, 2011 I have a scalping system that works really well but I can not seem to lock in the profits that i have made using swiss army EA. Could anyone help me with the right Trailing stop and break even setting? My scalping EA made a eurusd BUY at 0.90256, The price move to 0.90304 What will be the right settings to lock in the profits? i should get around 0.50 profit but I only get around 0.01 - 0.03 profits from the settings using 0.01 lotsize. At the moment I have trailing stop of 3 break even at 2 brake even slide 1 stop lost 1 takeprofit 5 any help I would be grateful. Quote Link to comment Share on other sites More sharing options...
ggrays1999 Posted May 9, 2011 Report Share Posted May 9, 2011 Make sure to use "Activate immediately" to TRUE.......If you want it to manage ALL pairs, then pair specific is false, same with magic number specific. If you want to manage just gbp/usd then Pair Specific is true, magic specific false.....If just wanting Gbp/usd Magic 1 managed then Magic Specific is true and then put in the magic number in that setting. Make sure, and this is the biggest mistake with Swiss, to put all the "types" to true. There is a list of true/false, one of them is "Allow all types", just put that to true and it will manage ALL open orders and pending orders. That's probably why it's not working. Do not use the global closure in Swiss, I've always had issues with that section. Use another CloseAll for that if you want to close at just a specific $ figure of profit. Otherwise, Swiss will work beautifully for stops/Tp, trailings, and breakevens. Also, your trailing is probably too tight, Mt4 I don't think will allow that close of a trailing stop. Quote Link to comment Share on other sites More sharing options...
digitalsakurauk Posted May 10, 2011 Author Report Share Posted May 10, 2011 thx mate for the help, the trailing stop has to be atlease 15 for it to work using alpari. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.