Opposite-Position Entries with Stop Loss and Trailing Stop
Summary
The Expert Advisor described opens two opposing positions when a new bar forms. Its intended outcome is for one position to close at a stop loss while the other can remain profitable through a trailing stop. The example is framed around EUR/USD on a one-minute chart.
The document highlights a backtesting detail: entries occur only at bar formation, but the trailing-stop condition is checked on every tick. It recommends comparing real-tick and standard every-tick simulation modes because the difference in tick generation can affect how trailing behavior is represented. No performance results, position sizing rules, or evidence that the paired-position approach is profitable are provided.
Key ideas
- The Expert Advisor opens two opposite positions at the start of a new bar.
- One position uses a stop loss, while the other uses a trailing stop to pursue gains.
- Entry checks occur on new bars, while trailing conditions are evaluated on each tick.
- Backtests should compare real-tick and standard every-tick modes because simulation detail may affect trailing behavior.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.