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    Code For Trailing Loss

    Uploaded by

    yaxa
    In coding expert advisors there is a trailing stop but there is no option for a trailing loss where when you loss and market comes back to a point where it might start moving to loss direction again. Well this is the code for a trailing loss.

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    Code For Trailing Loss

    Uploaded by

    yaxa
    10 views1 page
    In coding expert advisors there is a trailing stop but there is no option for a trailing loss where when you loss and market comes back to a point where it might start moving to loss direction again. Well this is the code for a trailing loss.

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    Code for Trailing Loss

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    In coding expert advisors there is a trailing stop but there is no option for a trailing loss where when you loss and market comes back to a point where it might start moving to loss direction again. Well this is the code for a trailing loss.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as txt, pdf, or txt
    10 views1 page

    Code For Trailing Loss

    Uploaded by

    yaxa
    In coding expert advisors there is a trailing stop but there is no option for a trailing loss where when you loss and market comes back to a point where it might start moving to loss direction again. Well this is the code for a trailing loss.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as txt, pdf, or txt
    of 1

    for(int cnt=0;cnt<OrdersTotal();cnt++) // TakeProfit Trailling Stop

    {
    OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
    if(OrderType()<=OP_SELL &&
    OrderSymbol()==Symbol() &&
    OrderMagicNumber()==magic
    )
    {
    if(OrderType()==OP_BUY)
    {
    if(TrailingStop>0)
    {
    if(OrderOpenPrice()-Bid>point*TrailingStop)
    {
    if(OrderTakeProfit()>Bid+point*TrailingStop)
    {

    OrderModify(OrderTicket(),OrderOpenPrice(),OrderStopLoss(),Bid+TrailingStop*point,0
    ,Green);
    return(0);
    }
    }
    }
    }
    else if(OrderType() == OP_SELL)
    {
    if(TrailingStop>0)
    {
    if((Ask-OrderOpenPrice())>(point*TrailingStop))
    {
    if((OrderTakeProfit()<(Ask-point*TrailingStop)))
    {

    OrderModify(OrderTicket(),OrderOpenPrice(),OrderStopLoss(),Ask-
    point*TrailingStop,0,Red);
    return(0);
    }
    }
    }
    }
    }
    }

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