Trailing Stops and Moving Averages Indicator:
Hi everyone, First of all thank you Jan for the amazing work, only saw your strategy few days ago and it is amazing how is even possible to compute such things, really impressed since first time into automation trading. I do have 2 questions though for anyone who knows the answers:
1- First I don’t understand the trailing stop loss, because if it goes directly against the position, ok inded is 1% of the market value, but if it goes into profit, it seems that 1% is not the same anymore (the amount of points). it looks like it’s always more than the original 1% market value, even its the trade is a long one or short one.
2- I got the moving averages indicator code and set the same periods as the system and so on, but I can’t tell where should the entry might be manually, because sometimes the entry is precise after the crossing of the 2 moving averages, and sometimes its some candles latter and other times a lot of candles later than the crossings or at least I can’t find any reason for it (meaning one moving is above the other but the cross over was like 30 minutes ago on a 5M chart). Also, it makes me think is there any way I can set an alarm or view it manually on the indicator -> I mean the signal for entry/ exit.
thank you very much for your time and reply 🙂 have a wonderful day