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    need help for atr sl and tp

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    • F
      Feyu last edited by Feyu

      hi all,

      i'm new in creating EA cause i'm a manual trader. How is it possible to set 2 times of the ATR(17) S/L and 4 times T/P of the ATR(17) automaticly after position got open ?

      Example:
      Position open by crossing 2 MA's and ATR value is: 0.00040.
      S/L should be 2 times of ATR value. S/L = 80 pips.
      T/P should 4 times of ATR value. T/P = 160 pips.

      I tried to combinate it with formular,variables and conditions but it doesn't get the result i'd like to have. Please help me:/. Thanks !

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      • M
        miro1360 last edited by

        is this working?

        0_1486571276781_upload-1aff82d5-8018-4f9e-9135-c777bd89bc03

        Between trading and gambling is a very small gap, be careful.

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        • F
          Feyu last edited by

          omg ! yes !. its so simple and easy and i used the complicated way, thx a lot 😄

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          • S
            smajbr last edited by

            I who have always used the complicated way.
            Formula block with ATR * 2 = variable

            1 Reply Last reply Reply Quote 0
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