Please help me with this stratagy, Money Management.

 

Hi there,

I would like to start using Auto Trading.


For example I enter a trade on the USD/CHF


I do my stop loss manually, however how can I set a take profit that works from a stochastic.


e.g Close position when 20,12,8 Stochastic crosses in OB..


Thanks

 
You'll need an EA that would browse through your positions and adjust their TP according to your rules. The one that's based on Stochastic isn't difficult to code. You can also hire someone in the Jobs section to code one for you.
 

Hey Hello88 , 

 I can write EA for you If you like to , just give me the you requirements and I will code for you stop loss and TP .

regards

Jeet Parmar

skype cybomate

gtalk hijeenu 

 
hijeenu:

Hey Hello88 , 

 I can write EA for you If you like to , just give me the you requirements and I will code for you stop loss and TP .

regards

Jeet Parmar

skype cybomate

gtalk hijeenu 




Hi there,

?

Thanks for the reply, are you taking about Exponential Average when you say EA?

Yeah simple requirements, taking profit when the Stoc reaching OS /OB.

It is actually a little more complicated:

Example:

I purchase 1 pounds per point on Cable, long.

I sell 70p of that when 3:1 risk / ratio is met.

Then the other 30p is sold off when stochastic, get OverBought.


I am using Alphari.


Thanks


 

 
hello88:

I am all a bit new to this Automated.


Is it possible to have it, as soon as I enter a trade a risk / reward ration is automatically set.

Is there a topic / manual I can read to get started with Auto Trading.


I would like to start out just making an auto stratagy, based on MA, and simple MM

Thanks

 
hijeenu:

Hey Hello88 , 

 I can write EA for you If you like to , just give me the you requirements and I will code for you stop loss and TP .

regards

Jeet Parmar

skype cybomate

gtalk hijeenu 

 

 

Hello bro 

 I would like you to write for me some EA would you please contact me on my skype : jalksa 

Thanks