Moving stop loss

[Ling 0]

Hi,
Say for a buy trade, each time the RVI crosses up, I would like to move the stop loss to let's say 20 pips below the previous candle low. How would I do that ?

[michaemia]

You can use the block "Indicator move within limits" for that.

[roar]

@ling-0 here: https://fxdreema.com/shared/kNuRyUbic

"Indicator moves within limits" is very rarely needed, the block is meant for some continuous indicator movement pattern.

[michaemia]

@roar oh my bad. I tried it and it worked sort of well.

[roar]

@michaemia said in Moving stop loss:

@roar oh my bad. I tried it and it worked sort of well.

It might surely work fine, but I think a simple condition block is better suited for this - no unnecessary functions to mess with