Setting stop loss at previous trade entry level

[Ringman]

Hi, I am trying to come up with an EA that hedges against a previous trade. If a trade that is running already goes a certain distance the wrong way, I want smaller trades in the opposite direction to take some profits.The only part I am struggling with is that every time a new hedge trade opens, I want its stop loss to be at the trade opening price of the original trade that is in negative. I cant work out how to have the stop loss set for this level? Maybe I am being stupid?!?

https://fxdreema.com/shared/GTSSrYaqe

Many thanks

[miro1360]

pink blocks use together with dark pink blocks

[Ringman]

Thanks Miro, however I am still not sure how to get the open price of an original trade as the stop loss of the new trade. Lets just say I had a trade that was in negative and wanted to drop the EA on afterwards to manage that trade because it was going negative in the wrong direction.

I have played with the pink blocks but cant fine a combination that will find that for me?

https://fxdreema.com/shared/RPihxttpd

[miro1360]

try like this:

https://fxdreema.com/shared/w4gU9N34e

https://fxdreema.com/shared/EniiH38Db

[fxDreema]

As usual I would recommend to just forget about those hedging strategies. For me, a hedging strategy is very complicated way to do something that can be done in another way (with stops)

[Ringman]

@miro1360 That worked perfectly, thank you