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    Take Profit auto adjustment

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    • C
      Cgammons01 last edited by

      Hello,

       I'm curious.... Is there a way to auto adjust your Take Profit when a certain event happens? Let's say my EA takes a trade and I have a SL of 15 pips and a TP of 15 pips. Lets say the trade moves against me 10 pips. Is it possible to have my TP move down to break even level so if the trade recovers to entry level it just closes trade?
      
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      • roar
        roar last edited by

        Yup, you can do this with "pips away from open-price" and "modify stops" blocks

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        • fxDreema
          fxDreema last edited by

          roar, not only this, "For each Trade" is also needed before these blocks 🙂

          For each trade -> pips away from open price -> once per trade -> modify stops

          But I think that if you put 0 pips in "modify stops", the stop will be deleted.

          Also, Trailing stop (for each trade) can be used, because it can move TP, not only SL. To make it work like break even, I think the serribgs were something like this: Step is some big number, let's say 1000. Start and Stop are the same, let's say 10 pips.

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