Shrink stop / minimum TP issue
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Hello, i am running into an issue with the " shrink stops" block.
At the moment i want to do something with the following settings:
What i notice however is that each TP pre-set on trades will be overruled by the value in pips put here. If i leave this box empty "0" will be used, if i put 50 the 50 will overwrite any TP's <50.
Is there a way to not only use " no change" for shrink TP, but also for the minimum TP to not impact current TP's at all? Positions without a TP would not receive a new TP by means of minimum TP for that matter..
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Personally I never use that block. Could you please explain what do you exactly need?
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@robertk said in Shrink stop / minimum TP issue:
If i leave this box empty "0" will be used, if i put 50 the 50 will overwrite any TP's <50.
Isn't using 0 value the solution here? Or do you have negative TPs? Use a big negative number, like -10000?
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While “0” works whenever a TP is set on a trade (it does not change the TP here), it will use a TP of “0” whenever the trade does not have a TP, instant killing the trade. I would rather have the option to disable this part of the block, and let the TP be decided in other parts of the system.
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Per time interval i wish to shrink my stops by
certain amount, but i do not wish to have the TP impacted at all. -
@robertk If that block doesn't work for you, why don't you use the modify stops block instead?
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At first i did not want to use this block because i want to maintain a minimum SL. I just realized however that i could combine the modify stop block with a counter pass "n" times block. Within the modify stops block i use % of current SL, which will be trigged "x" times. Tested and this seems to do the job just fine as an alternative. Thanks for your insight.