fxDreema

    • Register
    • Login
    • Search
    • Back to the main page
    • Categories
    • Recent
    • Tags
    • Popular
    • Search

    TP hit.. move stop loss to break even

    Questions & Answers
    5
    25
    5903
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • bk7
      bk7 @Sauce last edited by

      @sauce

      you would have to loop through the orders and set the tp based on a price not on a percentage, means you have to calculated the price...

      Sauce 1 Reply Last reply Reply Quote 0
      • Sauce
        Sauce @bk7 last edited by

        @l-andorrà thank you, as always, greatly appreciated!!

        @bk7 so I have the orders grouped separately so that basically each buy/sell action is it’s own (different saved EAs too). Can I use the breakeven block via On Tick tab? Trying to figure out a way that when price has moved 1:1 into profit it moves the stop for Group #2 trade to break even, just not sure what the settings would be?

        bk7 1 Reply Last reply Reply Quote 0
        • bk7
          bk7 @Sauce last edited by

          @sauce

          there are many ways to do that.
          it is a bit hard for me to suggest anything since i am not fully understanding your project at one glance. maybe you have a structure picture with some explanations what each block does or should do and why what should be done. so i could think about a way which is best....

          Sauce 1 Reply Last reply Reply Quote 0
          • Sauce
            Sauce @bk7 last edited by Sauce

            @bk7 so basically I need to adjust stop to breakeven when price has reached 1:1 in profit, there is no set profit target. The take profit is when price closes below (buy trade) or above (sell trade) the 21EMA. My project is 3 separate strategies all in one, keyword being separate (different group #'s).

            Basically, what's the best way to set a stop to breakeven upon reaching +1:1 in profit on an order with a conditional close? (close below/above 21EMA). If you need more info, I can provide a detailed explanation/diagram, but don't want to make it more complicated than necessary. Thanks for your help @bk7 !

            https://fxdreema.com/shared/oJIZTRWMd

            bk7 1 Reply Last reply Reply Quote 0
            • bk7
              bk7 @Sauce last edited by

              @sauce
              i asked you this is because i had troubles with the % in profit settings as well and constructed my own way to deal with...

              I would recommend a complete different structure, it could be tricky to implement on such a huge project.

              if nobody else can help you in a decent amount of time, you can contact me again if you wish. I hope you find your solution!

              1 Reply Last reply Reply Quote 0
              • 1
              • 2
              • 2 / 2
              • First post
                Last post

              Online Users

              F
              M
              L
              F
              F
              M
              E
              K
              M
              T
              A
              P

              24
              Online

              146.6k
              Users

              22.4k
              Topics

              122.6k
              Posts

              Powered by NodeBB Forums | Contributors