How to close a trade at a certain price without SL?

[kevdiaz]

Hi!

Does anyone know how to make a trade close automatically if it reaches a certain price? close it without adding a price, that is, as a phantom stopp loss

I will leave you an image

[q8carpenter]

@kevdiaz Hello,

You can just set a Stop Loss and activate Virtual Stops.

[l'andorrà]

@kevdiaz At what distance is the trade supposed to be closed?

[TipsyWisdom]

@kevdiaz it would help if you specifically said what that "certain" price is.

high of current candle is what it looks like you pointed to?

[kevdiaz]

@q8carpenter Could you explain to me how it works? Thank you

[kevdiaz]

@l-andorrà if it were a sale, it would be the high of the previous candle, if it were a buy, it would be the low of the previous candle

[kevdiaz]

@jsauter86 exactly, if it were a sale, it would be the high of the previous candle, if it were a buy, it would be the low of the previous candle

[q8carpenter]

@kevdiaz I thought that you wanted virtual SL that doesn't appear for the broker but only appear on your chart. That was what I explained. However regarding the SL being highest price of the previous candle for a sell order, just use the normal sell block and in the Stop Loss drop down menu within the block, use custom price level, choose candle, then choose candle high and in candle ID place 1.

[l'andorrà]

@kevdiaz This is what q8carpenter means: