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trailing stop based on EMA
 Post subject: trailing stop based on EMA Post rating: 0   New post Posted: Mon 16 Sep, 2013, 12:09 
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User rating: 1
Joined: Tue 26 Feb, 2013, 08:36
Posts: 20
Location: Poland, Warsaw
Hi,

I'd like to have trailing stop based on EMA. e.g.
Trailing stop would be started manually by me for each order and if I have 3 orders on the same pair it can be started for every order separetely.
SL should equal EMA (30) for selected period +- 15 pips (depended from direction of order) and should be calculated when new candle appears.

Anyone can help me with this?

Regards,
Piter


 
 Post subject: Re: trailing stop based on EMA Post rating: 0   New post Posted: Mon 16 Sep, 2013, 12:20 
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Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
See:
https://www.dukascopy.com/wiki/#Set_Stop_Loss_price/Set_Stop_Loss_to_an_existing_order
https://www.dukascopy.com/wiki/#Indicator_Calculation


 
 Post subject: Re: trailing stop based on EMA Post rating: 0   New post Posted: Tue 17 Sep, 2013, 21:12 
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User rating: 164
Joined: Mon 08 Oct, 2012, 10:35
Posts: 676
Location: NetherlandsNetherlands
Hello there,

I am not quite sure what or where are you trying to get here, so let me ask/say some things that might help you get further, if you don't mind.

You say that the Trailing SL would be started manually by you.
That is not the main goal of an automated strategy, as they are operating mostly without user intervention. There is a way to 'modify' the repetition process of a running strategy without stopping/restarting it, but this is hardly used to start of a trailing SL activation.

The features that you have mentioned so far are not so simple to implement, or at least they require some time. There are some users on this forum (including API Support from Dukascopy itself, who are the best support you can get), who are willing to help other fellow users with their problems, but you cannot expect anyone to program/implement such complicated strategy.

If you are willing to dive into the subject and trying to implement it for yourself, you have better chances of getting support if you provide what you have done so far, and what issues do you face currently.
Or you could hire someone to do the coding for you, it is up to you.


In the hope that my reply was constructive and helpful, regards,
tcsabina


 

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