• Registered: 2009-11-16
  • Posts: 19

Topic: Break-even

Hi! Though the EA of FST has a break-even option, I could not find this logic in the FSB. I understand by BE when the price is moving in my direction a N number of pips then the SL is moved to BE. Can you give me a hint how it can be done? Thank you.

Last edited by majorusa (2010-02-24 04:53:08)

  • Popov
  • Administrator
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 876

Re: Break-even

You are right, Break Even option was added recently in FST and it is missing in FSB. For the moment it's not possible to use it in FSB.

We will add it in the future releases together with fixing the back test of Trailing Stop which trails once per bar in FSB at the moment.

  • Registered: 2009-10-25
  • Posts: 61

Re: Break-even

It's important to have this feature in FSB because the breakeven will make a vast difference in trading results. It will change dramatically winn/loss ratio of the strategy. With proper money-management and good exit points you can turn the moderate strategy to become a very good strategy.

I have experimented with breakeven. It's not reasonable to put too tight breakeven or SL. If profit-loss ratio is at least 3:1 e.g. take-profit = 60 and stop-loss = 20, then I have got the best results when using breakeven at least on the same amount as stop-loss. In this example the optimal breakeven is between 20-25 pips.