Fixed SL / Break Even / SL Trailing Assistance Please
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Hi All
Hope everyone had a good Festive season.
And a great New Year.Was wondering if anyone could please assist with the following.
As I have tried a few methods and just cant get it right.What I would like to happen is the following:
Once trade opens ( 0.01 lot size )
There should be a SL of 1000 pips ( which is roughly -$10 depending on your broker and symbol )Then, once price is in profit of 300pips ( roughly +$3 )
It should break even ( adjust SL to entry )Now, here’s where I get stuck.
If price moves above the breakeven (300 pip marker) to 301 pips, sl should move as well with 1 pip.
So always after breakeven, keeping a distance of 300 between price and SLWhat I really would like ( not sure if this is even possible )
The same as above, but if price moves to 301pip from entry, that SL should then jump to 100 distance between price and Sl.
Let me know if anyone could assist with any of the above.
As I have tried, but whenever I place SL, price would only move once that same amount in SL has been reached:
Example:
SL is 1000
Breakeven is 300 profit.
Breakeven will adjust.
But then trailing will only happen with every 1000 pips movement.
And this is not what I would like to do.Any feedback would greatly be appreciated.
If possible, please use the link and re-post what I missed or did wrong or left out.
If possible, screen shots of any additional adjustments would be appreciated as well.
https://fxdreema.com/shared/cRiipPBDcThank you in advance.
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Would like to thank
@l-andorrà
and
@jstapFor always assisting.
The information that you guys give and post are truly remarkable.Thx Guys, I managed to get it sorted with your assistance.
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@Vortrexcian You are very close. This is what you need:
