Check Max Stop Loss distance before placing a trade

[pipsondeck]

Im using ATR as stop loss and
I set a condition of maxstoploss = 20 pips.

how can i make a condition that if the distance between between the entry price and maxstoploss price < 20 pips, it will open a trade.

im stuck in this condition.

[l'andorrà]

You can use a condition block immediately before the buy now block checking that the value of ATR itself is lowers than 20.

[pipsondeck]

@l-andorrà but my SL is ATR * ATR_MULT?

[l'andorrà]

@pipsondeck No problem. You can still do it this way:

[pipsondeck]

@l-andorrà Thank you

[jstap]

By using a number like 0.0020 you are assuming the pip rules of the asset work like that, use value 0 and adjust to +20 pips

[pipsondeck]

@jstap got it

[jstap]

@pipsondeck

[l'andorrà]

@jstap Well seen!

[pipsondeck]

@jstap i was wondering, i wanted to input "20 pips" as constant. how do i put it as an constant(input) thanks

[pipsondeck]

This is the condition, is this correct?

[jstap]

In adjust put +ATR_MAX pips

[pipsondeck]

@jstap ive been experimenting but i cant make it work.

is it going to be a string + "10" (+ATR_MAX pips)

[pipsondeck]

or like this?

and double

[jstap]

As your last post

[pipsondeck]

@jstap this wont work in XAUUSD, right?

[jstap]

Gold works like every other asset, if something doesn't seem to work show where and ask why