Exactly, it applies to the whole equity and from my experience I can assure you it not just protect from reversals, it let profits run as far as the market travels.
A jumping stop loss follows the price while maintaining specified distance. Let's assume the following scenario for deeper insight; your trading system is accumulating profits and equity is steadily growing and you have equity jumping stop configured to breakeven at $20 profit with jumping step...
Hi Enivid,
I was thinking about a new functionality; equity trailing or jumping stop by currency units, it could be really helpful to protect against market reversals. Also a 'hidden mode' for normal SL and BE settings at the main tab could prevent stop hunting and similar malicious practices...
Hi Enivid,
First many thanks for this amazing EA, it's always there in every MT4 instance I have.
I just have a suggestion to make it even more powerful.
I believe that the two integral factors dominating the markets are price and time, Account Protector has already done a wonderful job for...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.