Author Topic: Help with setting up a trailing stop loss for XFeeder  (Read 1643 times)

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Help with setting up a trailing stop loss for XFeeder
« on: Tue, 27 January, 2015, 12:21 »
Hello

I posted a thread in market feeder by mistake when it should have gone here. Hopefully someone here can help.

I'm currently working on a strategy in Exchange games poker but for me to maximize its potential i need to set a trailing stop loss. So far over most days is has made profit before dropping into negative. I would like to maximise when im on a upward trend to secure the best profit i can before it goes down. 

I have checked the settings and i cant find a way of setting it.

Please can anyone assist me.

Thanks

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Re: Help with setting up a trailing stop loss for XFeeder
« Reply #1 on: Tue, 27 January, 2015, 14:19 »
I would have added two "trigger elements":

1. Create a variable MaxBank that is updating whenever your bank>Maxbank
2. Stop the Channel when bank<0.7*MaxBank or what level you wish for trailing stop.

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Re: Help with setting up a trailing stop loss for XFeeder
« Reply #2 on: Tue, 27 January, 2015, 14:24 »
Hey

Thanks for your reply i will take a look when i finish work later.

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Re: Help with setting up a trailing stop loss for XFeeder
« Reply #3 on: Mon, 18 January, 2016, 03:48 »
Greetings Tupp,

Can you please explain your two triggers and how to set them up?
Or would can you upload the triggers please...

From what you said:
back / name:maxbank / value:bank>maxbank ... nope sorry dont get it :o(

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Re: Help with setting up a trailing stop loss for XFeeder
« Reply #4 on: Thu, 21 January, 2016, 21:27 »
One way is to start defining the MaxBank variable (showed below) :
uk_balance is for real mode (for this to work in test mode change this to test balance or something). I also saw that this is from MFP-pro trigger but it's almost the same.



---------------------------------------------------
---------------------------------------------------
Set user variable
Name MaxBank Value uk_balance Globally


Conditions are met:
Selection's trigger expressions uk_balance is greater than MaxBank


selections all matching selections
markets all markets
execute no more often than 60 sec
-----------------------------------------------------
-----------------------------------------------------


Do the same for MinBank, but the condition will be the oposite uk_balance<MinBank


Now you will have two variables that you can use as you need, for example as a trailing stop.


PS
For a trailing stop it should be enough with only the MaxBank variable and would look somthing like this:


action: stop the channel


condition: balance<0.7*MaxBank


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Re: Help with setting up a trailing stop loss for XFeeder
« Reply #5 on: Mon, 22 February, 2016, 01:16 »
hi ... do you mean like this?

stop channel
all markets, all selections
once per game, exactly round 1
condition: user vaiable balance<0.7*MaxBank is set