How to use dynamic Stop Loss
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Hi everybody,
i was wondering how can I realize this: Maybe we have a downtrend and I entry a sell trade. The stop Loss must be the last High in the chart. To see this on the chart is very simple, but how can I realize this in my EA? Watch out the pic in this post.......
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Last high and last low is very subjective, it depends. There are indicators to do that. Otherwise for fixed number of candles or fixed time, look in Condition -> Market properties -> Highest... Lowest... you will see these
