libbo2003 New member

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  • #3375 quote
    libbo2003
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    Hi guys I am a newbie to trading so am a novice to PRT and its many great functions.

    #3377 quote
    Nicolas
    Keymaster
    Master

    Hey libbo2003! Finally you are here, welcome on board. Is it your dog? 🙂

    What are you trading?

    #3378 quote
    libbo2003
    Participant
    Average

    hi nicolas thanks for the help getting me into your site, I trade the dax using 30 minute charts going down to 5 minutes for my scalps, so am interseted in any indicators that are good for scalping ans where to place stops.

    #3379 quote
    Nicolas
    Keymaster
    Master

    Stoploss or not stoploss in scalping trading is a long debate, some prefer psychologic ones (amount of money loss) others deal with support/resistance, last highs/lows..  What indicators are you usually use for your scalping anyway?

    #3380 quote
    libbo2003
    Participant
    Average

    I am currently using safe zone as my stop on a 5 minute chart

    #3426 quote
    Nicolas
    Keymaster
    Master

    I have posted some stop loss / trailing stop indicators today in the library for your interested.
    About the safe zone, are you referring to zone between a moving average and an ATR?

    #3440 quote
    libbo2003
    Participant
    Average

    hi Nicolas it is

    SafeZone Stop – Elder

    downloaded from PRT actual indicator library.

    So any particular indicators should I look at?

    #3441 quote
    libbo2003
    Participant
    Average

    Hi Nicolas

    is there a coding I can use to place a 10 point stop in the dax that moves to +1 in profit when the price moves to +7 onside?

    Thank you.

    #3813 quote
    Nicolas
    Keymaster
    Master

    Hey libbo, sorry for the delay of answering. There are no other ways to deal with trailing stop than to use the default platform one, as a trailing stop made by code would only act on ProOrder trades and not manual ones.

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libbo2003 New member


Community Welcome & Introductions

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libbo2003 @libbo2003 Participant
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This topic contains 8 replies,
has 2 voices, and was last updated by Nicolas
9 years, 10 months ago.

Topic Details
Forum: Community Welcome & Introductions
Language: English
Started: 03/02/2016
Status: Active
Attachments: No files
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