How to set TP:SL ratio as 1:1 use MT5 and MT4
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The software is very good. Thank you very much.
BBS is a big help to me.
Saves a lot of programming problems.
I can focus on trading logic problems.
I now use MT5 development, run the test using MT4.Hello, I'm using Bollinger Bands(20,2).
BUY SIGNAL
current candle high must have higher than Bollinger Bands Upper Bands.
SL is 1 PIP below previous Bollinger Bands Middle Bands.
TP is equal to the SL size (so 1:1 ratio)SELL SIGNAL
current candle low must have lower than Bollinger Bands lower Bands.
SL is 1 PIP above previous Bollinger Bands Middle Bands.
TP is equal to the SL size (so 1:1 ratio)Thanks in advance
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Here is some way to do that: https://fxdreema.com/shared/bA2I4HVQ
The other way is to calculate SL and TP before Buy now/Sell now
And the other way is if I add "% of..." options in Buy now/Sell now blocks, similar to block modify stops. In any case, what do you prefer - % of... (where you write values like 100, 200, 50, 25) or times from (where you write values like 1, 2, 0.5, 0.25)?
