Job finished
Execution time 2 minutes
Adding equity trailing to current EA:
This is the same as a normal trailing SL but uses the current equity number rather than an individual position as it's basis. If you started with an equity level of 100 and set the 'equity trail above' to 10 an equity trailing stop would begin once the equity level hit 110.
If the equity trail distance was set at 20 the initial equity S/L would be set at 90 (110-20) and if the equity level continued to rise would trail like a normal trailing SL (equity reaches 135 = trailing SL is at 115 etc etc).
Anytime the equity SL is triggered all positions are immediately closed and the initial equity number would need to be reset so the process can begin again from the new initial equity level.
Currently the EA does seem to do parts of this process, but not accurately/consistently as far as I can tell from testing.
Lorentzos added the 'equity monitor' to help keep a track of the equity movement and this seems to work well, it seems to just be the 'trail above, and trail distance' parts that don't do exactly what is required.
Responded
Arbitration
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59%
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25%
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