Stop-Loss setting

Albacino · #1 01-28-2009, 03:52 PM

I know you can manipulate the stop-loss setting on the long term trading but can this be done on the scalper settings as well? I haven't found a way so far. It seems that the stop loss is set at a very high range and from a few trades I've seen so far, one losing trade will always hit the stop loss, pretty much wiping out anything I've made over the course of 20 profitable trades.

moneydream · #2 02-19-2009, 02:12 AM

Quote:

Originally Posted by Albacino

I know you can manipulate the stop-loss setting on the long term trading but can this be done on the scalper settings as well? I haven't found a way so far. It seems that the stop loss is set at a very high range and from a few trades I've seen so far, one losing trade will always hit the stop loss, pretty much wiping out anything I've made over the course of 20 profitable trades.

If you set LRR too high then it will make you a big lost in one losing trade. The best is to keep below 5 for each scalper LRR setting and only adjust it up to 20 in good market condition.

And if I'm not mistaken version pro44 can let you adjust the stop loss for scalper manually.

liggy002 · #3 03-19-2009, 08:50 PM

Version 44 Pro will let you adjust the internal stop loss and take profit of the EA. 45 Pro along with the new standard version is out as well.