Diesel 10 Posted October 13, 2011 Report Share Posted October 13, 2011 I already have Quik Trailing EA which has trailing stops by "steps". What I'm looking for is an EA or script that trails price action more closely like the ATR Stops indicator does. Doesn't have to be based on ATR Stops necessarily. Can be any EA or script as long as it trails closely, preferably using the volatility of the underlying to adjust the stops. I'm looking to apply it when I get a runaway trade where I've already accumulated good pips and then I continue riding it until I get out quickly on a reversal. Thanks for sharing whatever you have that might work for this purpose! Best Wishes, Diesel10 By the way, here is a screen shot of how the ATR Stops indi trails price nicely, keeping almost the whole profit: http://screencast.com/t/8AMOVQmIb And here is the ATR Stops indi in case anyone needs it: http://www.mediafire.com/?rur5xa8oyb63mv9 Quote Link to comment Share on other sites More sharing options...
Freddie Posted October 13, 2011 Report Share Posted October 13, 2011 (edited) I have 'Mauro' or similar somewhere will that be of use? Just remembered ...Cynthia was giving one away...5 pip trailer if my memory serves me. Don't use them myself. I use 'easy', that lets you move your own SL in secret!!! Edited October 13, 2011 by Freddie Diesel 10 1 Quote Link to comment Share on other sites More sharing options...
Diesel 10 Posted October 13, 2011 Author Report Share Posted October 13, 2011 I have 'Mauro' or similar somewhere will that be of use? Not sure until I see it in action. Can you please upload it for me? Thanks. Quote Link to comment Share on other sites More sharing options...
Freddie Posted October 13, 2011 Report Share Posted October 13, 2011 That was quick, I will look around Quote Link to comment Share on other sites More sharing options...
mograst Posted October 13, 2011 Report Share Posted October 13, 2011 I have 'Mauro' or similar somewhere will that be of use? Just remembered ...Cynthia was giving one away...5 pip trailer if my memory serves me. Don't use them myself. I use 'easy', that lets you move your own SL in secret!!! i also like to look into this script.. could you please share it? thanks a lot Quote Link to comment Share on other sites More sharing options...
Diesel 10 Posted October 13, 2011 Author Report Share Posted October 13, 2011 Not looking for a "stepped" stop. I want one that follows price actions closely like the ATR Stops does... Quote Link to comment Share on other sites More sharing options...
Freddie Posted October 13, 2011 Report Share Posted October 13, 2011 Here it is hxxp://[email protected]/?ywmxoneg6xwt62t usual bits changed FxNewbie, Diesel 10 and domonkos 3 Quote Link to comment Share on other sites More sharing options...
Diesel 10 Posted October 13, 2011 Author Report Share Posted October 13, 2011 (edited) Here it is hxxp://[email protected]/?ywmxoneg6xwt62t usual bits changed Thanks but that's not it. Edited October 13, 2011 by Diesel 10 Quote Link to comment Share on other sites More sharing options...
Diesel 10 Posted October 13, 2011 Author Report Share Posted October 13, 2011 I spent all afternoon looking but here are two EAs that do the job of trailing the stop loss using Average True Range. In other words they use volatility to know where and when to move the stops and the results are usually superior... I demo tested both with outstanding results! http://www.mediafire.com/?hy6czf36ln3qgad The first one e-TSA_NRTR_Last has a choice of two methods. SL EA based on ATR by kimiv.ru 2 modes vts1 & vts2 vts=1 TS=kts*valATR, (valATR=Patr value(ATR period)) SL=kstop*valATR vts=2 TS=HI-LO, (HI-LO=Prange value(perods for HI,LO) SL=kstop*(HI-LO) The second one FX Guru's you need to put a order number and it is based on ATR stops. Enjoy! domonkos, taipan, Tick4x and 1 other 4 Quote Link to comment Share on other sites More sharing options...
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