add or close running trades after % of tp or sl are reached
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Hey guys,
id like to employ a custom trade management like this:
eg long tade eurusd at 1.10 sl 1.09 and tp 1.11
and if price goes down to 1.095 which in my understanding means 50 % of sl price is reached or? then the ea should add to the position just once while the trade is running and if it goes to 1.105 it should close 50% of the position and so on.
I have set up the following but i have no idea if this is the right way to do this. Any advice is very welcome, thx!
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for this situation dont use this Counter, better if you use once per trade block (from pink blocks) ... and in block nr.2 check if you have right parameter (% of current TP or SL?) ...
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thx for your input, but the basic logic with the percentage calculation was right or?
so it means that if the price is 1.11 it is 100% of tp and at 1.09 it is 100% of sl ?
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I think that the % used in the blocks is correct, the results of the Tester will show you that. Those extra added trades are more tricky.