Help with this formula and order position level
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Hi, someone could help to me making a kind of formula or condition for this logic? I just need get how to put it...
1.-We define Long order position after Bull candle closed (At close) (1)
2.-Our SL will be on Candle low...
3.-TP will be 1:1 SL (100% SL)
...
Then this is the hard thing: Now this is how the order must be positioned:
The TP (SL 100%) Level, will be our level for the Buy Stop Order

And we will continue with the same Pips for SL but SL must be on the candle closed (1) -
How would you get the values and make the logic? I always think on the most hard way to get it, is the reason that I'm consultation this to you....
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So if I understand it correctly, you do NOT want to open a market execution at the close price of that candle. You need the close and low prices of the closed candle to calculate SL and TP distances for a pending order that will be programmed ABOVE that same closed candle. Is that correct?
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@l-andorrà Yes. The order will be by Pending order, SL Will be (taking as example Buy Stop Order) on the bull candle closed (last one) but taking in consideration to get it, would be SL= Low Candle closed (1). TP by SL percent (1:1=SL 100%)
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@jstap any thought?
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I solved it just adding up this: body Candle pips + Candle Botton wick pips on offset Pips (Buy Pending order) and mid price
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Sorry for my late reply and congrats for making it!
