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Pause trailing stop in TMF #486915
11/15/22 14:06
11/15/22 14:06
Joined: Sep 2022
Posts: 8
Hout Bay
J
jacqu Offline OP
Newbie
jacqu  Offline OP
Newbie
J

Joined: Sep 2022
Posts: 8
Hout Bay
Hi
I need advise on code to pause or temporarily cancel trailing stops in a TMF when I select this option from a Control Panel. The TMF still needs to run as it is also used to "Close all trades", if necessary, also from a Control Panel and also provides TradeProfit info to the Control Panel.

Alternatively is there a way to prevent the TMF from adjusting / modifying stops which I manually adjust or place in MT4?

int eurtmf()
{
if (panelGet(11,4) == "Active Stops")
{
if (TradeIsLong and (TradeProfit/TradeUnits/PIP > 10))
{
TradeStopLimit = max(TradeStopLimit,LL(10));
}
if (TradeIsShort and (TradeProfit/TradeUnits/PIP > 10))
{
TradeStopLimit = min(TradeStopLimit,HH(10));
}
}
else
{
" Some way to pause trailing stops"
}
if((closeAllTrades == 1) or (Close_EUR == 1))
{
if(NumOpenTotal == 0)
{
closeAllTrades = 0;
Close_EUR = 0;
}
else
{
printf("\nClosing Trades!!");
print(TO_PANEL, "\nClosing Trades!!");
Close_EUR = 0;
profiteur = 0;
return 1;
}
}
profiteur = TradeProfit;
return 0;
}


Many thanks, Jacques

Last edited by jacqu; 11/15/22 14:22.
Re: Pause trailing stop in TMF [Re: jacqu] #486920
11/16/22 09:37
11/16/22 09:37
Joined: Jul 2000
Posts: 27,982
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,982
Frankfurt
Automatic trailing is activated with the Trail variable. It is stored in TradeTrailDiff, so for disabling the trailing, set TradeTrailDiff to 0. Or do not use automatic trailing at all and trail by script in the TMF.


Moderated by  Petra 

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