How do I set a Percentage loss

[jbillionz]

Good day, please how can I set a percentage loss for 2 group of trades.

Group 1 trade is a buy trade and Group 2 trade is a sell trade.. if group 1 and group 2 trades are in a loss of 2%, close both group 1 and group 2 trades.

If can you show me how to effectively go about it

[jstap]

2% of what?

[jbillionz]

@jstap 2% of the Running Balance or Equity

[NZEFILI]

@jbillionz Equity

[jstap]

@jbillionz Equity is constantly changing, I would record the balance at the start of placing the first trade, balance / 100 * 2 will give you 2%, place the trades with a group if you need to distinguish from other running trades, check the profit of the 2 trades, then close if this number is reached