Create a new SL only when the new is lower then the existing

[Siggi12345]

Hi, I want to create a new SL only when the new is lower then the existing.

I tried the Trailing Stop Block, with Market Properities -> Highest Value of the Last 3 Candles, but he always puts the SL at the Current Price (+2 Pips from the adjustment).

BTW: Even if this would work it would not be the right solution. I want a new SL only when the new is lower (on a sell trade) then the existing. But I have no Idea how to do this.

Can you help me please?

Thanks in advance!
Siggi

[l'andorrà]

@siggi12345 Never combine 'For each trade' blocks with 'trailing stop' blocks. I don't fully understand what you mean by 'when the new is lower then the existing'. Is ts for a buy or a sell. I guess you mean a sell, right?

[Siggi12345]

Hi @l-andorrà thanks for answer. yes. on a sell trade.

it should be: Put the SL above (e.g. +2 pips) the last candle (ID1) but only if the current exisiting SL is above the new one

It is hard to explain, so I have made a picture, I hope this helps:

[l'andorrà]

@siggi12345 Then don't use the trailing stop block. Use this structure instead (for sells only):

https://fxdreema.com/shared/Um4azSGqd

You need to create a variable in which you sore the value on candle ID 1's high +2 pips. Then you compare it with the previious SL level. That way it will only move down.