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    Which block to use to place Stop Loss

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    • M
      Mosco1991 last edited by

      Please can anyone help tell me which block to use to place stop Loss above and below Moving Average 200 after the EA opens either buy or sell trade?

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      • jstap
        jstap last edited by

        Place it in the buy/sell block, unless you want to wait for something to happen.

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        • M
          Mosco1991 last edited by

          Buy or Sell block does not give me the option to place the stop below or above 200 Moving Average. Please is there no other block in this Fxdreema platform that I can use to place the stop Loss above or Below the Moving Averages as trades are being opened by the EA? The strategy I am using requires that stop Losses are placed below Moving Average 200 immediately a buy order is opened and above the 200 Moving Average while a sell order is opened.Kindly help me if its possible.

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          • M
            Mosco1991 last edited by

            I have a strategy that requires Stop Loss to be placed above EMA 200 when a sell order is opened and below the EMA 200 when a buy order is opened. The Buy/Sell block does not give me the option to place the stop loss in that manner. Or does it? If it does how can I access it? Or is there any other way to do so?

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            • M
              Mosco1991 last edited by

              The strategy that I am using requires that the Stop Loss be placed below and above EMA200 immediately the buy/sell orders are opened. The Buy/Sell block does not give me that option. Or does it? If it does, kindly direct me on how to access it. Thanks

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              • jstap
                jstap last edited by

                Place stop by indicator, adjust by + or - pips

                Learn fxDreema Without the Wait!

                My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

                The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

                Don’t miss out

                Click here➡️ https://mybook.to/fxDreema to get your copy today!

                Enjoy! 😊

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                • M
                  Mosco1991 last edited by

                  I don't understand how to "Place Stop by indicator" Can you help to let guide me on the block to use and how. Thanks for the assistance so far.

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                  • jstap
                    jstap last edited by

                    Condition block, adjusted > or <, to whatever value causes you to need to close/stop, blocks that commit your action

                    Learn fxDreema Without the Wait!

                    My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

                    The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

                    Don’t miss out

                    Click here➡️ https://mybook.to/fxDreema to get your copy today!

                    Enjoy! 😊

                    1 Reply Last reply Reply Quote 0
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