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    Set Break Even to % of Stop Loss

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    • J
      jjtrader last edited by

      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!

      jstap l'andorrà 2 Replies Last reply Reply Quote 0
      • jstap
        jstap @jjtrader last edited by

        @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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        • l'andorrà
          l'andorrà @jjtrader last edited by

          @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.

          (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

          (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

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