I figured it would.... I think extending my loss after getting more into profit is a newbie-sydrome/excuse to take a larger position size....

4H Banker Buster

Another thought: If a breakout box is 40 pips, from top to bottom, Let say you set your s/l as a hard stop at the far side of the box (so a -40 pip stop), and IF the trade goes in your favor by 60 pips, you can slap a 100 pip TSL to it. This allows ...

4H Banker Buster

I just realized if the breakout box is smaller, and your trade fails and retraces to a TSL, your loss is less because you were pulling the S/L up sooner because you entered the trade sooner.... (I hope that makes some kind of sense... )

4H Banker Buster

and are the trailing stops tighter too then?

4H Banker Buster

The thing I'm trying to figure out, is how to apply the breakout boxes to different currency's, based on their own volatility. Probably just something you need to become accustomed to with certain pairs as you learn to trade them. But the +50/-50 ...

4H Banker Buster

So I assume that you're applying your continuation-techniques on the candle that stopped you out in your new and improved methods of this system? i think this can be applied to many things, like you just said... realistically you could stick a ...

4H Banker Buster

...and people tell me there's no such thing as a get rich quick system . very nice job so far. This breakout stuff is very interesting and can be applied to many different pairs. I'm very new to forex but I find the opener on days/weeks are the ...

4H Banker Buster

do you guys ever look at the bigger picture and use it to make decisions on wether or not to use your system for the week, or are we ignoring that completely? FOR EXAMPLE: I attached a daily chart showing that we are going sideways right now on a ...

4H Banker Buster

well the way it is set up, I don't need all the different steps, but I just changed the inputs on the EA window so it moves the S/L up, trailing 100 pips, and I just made the "steps" 1 pip each.... seems like it works fine when I demo'd it.

active trailing stop at moment order is placed in MT4?

yes I know, but I just like to have some trades play themselves out. and sometimes I'm not fast enough with my trigger finger lol... the EA I found ( in the second post of this thread url ) works really well and seems to run smoothly after I ...

active trailing stop at moment order is placed in MT4?

Thank you.

all order trailing stop from order placed point

That's what I was trying to do, but the problem is that your stop doesn't actually start trailing until your trade goes in your favor for the number of pips that your trailing stop is. here's my dilemma... lets say I want a 50 pip trailing stop on a ...

active trailing stop at moment order is placed in MT4?

what does the "BreakEven" input value represent?

all order trailing stop from order placed point

is this what I'm looking for: url now I just need to figure out how to set it for 100 pip trailing...

active trailing stop at moment order is placed in MT4?

no way I can do this with a 50 or 100 pip???? There has to be a way????

active trailing stop at moment order is placed in MT4?

oh nevermind, here's the answer: Open separate orders each with 1/2 the volume you trade.

n00b question: take profit scaling in MT4?

there was some wild volatility immediatly around that time. I was demo-trading 4 different break-outs and was up about 150+ pips accross 3 of them lol.... now.... not so much. strong retrace....

4H Banker Buster

my only question is this: Doesn't the red candle immediately following your first take profit candle (at the 1x marker) hit the 75 pip trailing stop? seems damn close if not...

4H Banker Buster