Kase DevStops - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
Originally developed by Cynthia Kase (in her book Trading With the Odds). This version calculates DevStops exactly as described in the book.
What all this boils down to is that when we build a stop loss setting system, we need to consider variance and bias. To better define and minimize the uncertainty threshold for setting a stop loss, we can take three steps:
Attachment download
📎 kase_dev-stops.mq5 (13.94 KB)
Source: MQL5 #19926
Kase DevStops - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening recommendations
Kase DevStops - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •