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    Stop when losing

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    • C
      coverman last edited by

      Which is the easiest way to use a block to quit a trade if it's going in the wrong direction.
      If I want quit a trade when it's losing more than $XXXX.
      I think I've done that before, but not sure where I found that.

      Sometimes I make an EA that is growing depending on the Balance of the account. But it would be nice to add a little one to set the max amount instead of just Stop loss figures.

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      • fxDreema
        fxDreema last edited by

        It depends. If you want to deal with each trade individually, then put SL, use Trailing stop or do something with "For each Trade". If we are talking for a group of trades, then "Check current unrealized profit -> Close trades" or check the global equity/balance/profit of the account (in "Condition - Account") and then a"Close trades".

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