DEFPARAM FlatBefore  =  090000  // Cancel  any pending  orders, close  any positions  andprevent placement of additional orders by the trading system before 9:30:00 in the timezone of the strategy.

DEFPARAM FlatAfter= 172900 // Cancel any pending orders, close any positions and preventplacement of additional orders by the trading system after 16:00:00 in the time zone ofthe strategy.
ONCE PreviousStatus = 0
IF BarIndex = 0THEN
XClose = TotalPrice

XOpen = (Open+Close) /2
ELSE
XClose = TotalPrice
XOpen = (XOpen[1]+ Xclose[1]) /2
ENDIF
IF XClose >= XOpen THEN
IF PreviousStatus <> 1THEN
BUY 1 SHARES AT MARKET
PreviousStatus = 1
ENDIF
ELSE
IF PreviousStatus <> -1THEN
SELLSHORT 1 SHARES AT MARKET
PreviousStatus = -1
ENDIF
Endif

Hello guys!
I have tried the “built in” trailing stop but it works not good in real trading.
So i heard I need something like the code above. Is it correct that the “bulit in” trailing stop doesn’t work very well?
Maybe I’m doing something wrong…

However, I made a back test with the code above with DAX and some forex in mixed time frames.
Every test failed hard..
Do some of you nice guys have a clue what is happening?
Take care!
// Martin