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    Set Target Equity on Each open trade

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    • S
      salahuddinonline last edited by

      I am willing to understand,

      I want each open created by ea set its own target equity and close when target reach,
      but remember that every trade has its own target equity and only that trade should close when target reach.

      if a trade opens at 100 usd of Equity, it should set Target equity as 1% of Current Equity
      It should modify Variable on each created trade, and close only that trade if target reach,
      other trades will close on their targets.

      Kindly help on this.

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      • R
        richard96816 last edited by

        The Buy and Sell blocks allow you to specify the Take Profit level by a number of different means. Compute your target and put it in. Those blocks accept variables.

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        • fxDreema
          fxDreema last edited by

          This is technically possible, I guess, but I don't know how to easily make it in fxDreema 🙂

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          • S
            salahuddinonline last edited by

            Okay, I understand,

            Now let consider it,
            if a trade opens at 100 usd of Equity, it should set Loss equity as -1% of Current Equity
            It should modify Variable on each created trade which is created under this condition, and create another trade if -1% target reach,

            Regards,
            Salahuddin

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            • fxDreema
              fxDreema last edited by

              What is wrong with the normal Stop-Loss?

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              • S
                salahuddinonline last edited by salahuddinonline

                I dont want to use stop orders or limit order and dont want to use stop loss as well,

                what I want is, when an order reach its take profit it should close,
                if I use take profit or stop loss so other things like market price, widen spread, slippage could have a bad impact on trade, I have faced that before that is why I want to keep my take profit hidden until unless I reach at level what I am looking for.

                Instead of that I would like to set individual target equity for each open trade, and trade should close when
                "its own" target reach.

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                • R
                  richard96816 last edited by

                  Take a look at the close profitable trades block and the other blocks in that group.

                  Just because you're paranoid doesn't mean they're not out to get you.

                  🙂

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                  • fxDreema
                    fxDreema last edited by

                    0_1545065347540_a1e627c4-a55e-4043-949f-a9ffa73280ed-image.png

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