Set Break Even to % of Stop Loss
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Hi, I have a break even problem.
I am taking 2 trades:
My Take profit 1 = 1 ATR (variable)
My Take profit 1 = 2 ATR (variable)
My Stop loss = 1.5 ATR (variable)I am trying to set my break even point for the second trade close to my first take profit. (1 ATR).
https://fxdreema.com/shared/5n7Zv68tb
Since the take profit is different for each trade, I am using the stop loss as a reference. I figured that 1 ATR = approx. 66% of the stop loss (2 ATR). It doesn't seem to work and I'm not sure I have it configured correctly.
Can anyone tell me what I'm doing wrong?
Thank you!
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@jjtrader I assume all is working correctly other than trail? I would use no trade above buy and sell, move the modify blocks out of trees and place under the pass, never used %of SL but assume this will fix all.
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@jjtrader That 'Pass' block is unnecessary. You can remove it. The most efficient way to do that is by creating groups and the specify that break even action on the 'on trade' tab.