Stop loss below last candle
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Hi , is it possible to place stop loss 2pips say, below last candle then equal or 2:1 target from current price . This would be handy thanks.
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@mcarl42 I'm not sure I fully understand. Can you please provide a visual example for what you need?
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advice is Much appreciated
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@mcarl42 So If I understand it correctly your current open buy has an initial SL 2 pips below that candle's low. What you want teh EA to do is moving up that SL until half the distance of your current TP?
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2 pips doesn't matter really. from close of ID1 EA places stop at low price of ID2 then measures that distance in pips and places a TP 2x that many pips. If that helps thank.
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@mcarl42 Is close price always used to measure that distance? No matter if candle ID 1 is a bullish or a bearish candle?
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in the buy/sell now blocks, use a custom price level for the TP or SL...whatever you need. Then just select candle 1's low or high as the custom price level
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bull candle is better
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@mcarl42 This is the way to find that distance (I forgot to add a 'once per bar' block on top, sorry):
Then you just need to multiply that distance by to find the TP level.
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Nice thanks . We if I find a 100% Roi per month well all be rich lol
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Here's a question if I combine multiple EA,s into one right, is there a way to tell them apart so I can eliminate duds,
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@mcarl42 you can use groups to number them, then you can chose which groups are activated
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Hey I want to create simpe ea.
so i can manually enter SL -TP & limit order price. Then a cancel order (i can manually input) if price goes too far opposite to the limit order price . using for harmonic patterns . thanks
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@mcarl42 Can you please upload some screenshots showing how it works?
