SL and TP Based on S/R

[magmax01]

Hi everyone, I've set an SL to be the resistance level of 6 previous candles but I want to take whatever that amount of pips is to TP *2 or any ratio that I might set in the Constant. I'd appreciate it if you could give me ideas and potential solutions, thanks in advanced!

[jstap]

@magmax01 So when a trade is placed you have the SL at your S/R line so the pips are the distance between ask/bid and the S/R level, if when a trade is placed get the SL distance saved in a variable so you can multiply and use for a TP.

[l'andorrà]

@magmax01 This is what jstap means:

[magmax01]

@jstap @l-andorrà Awesome! I appreciate it! Both

[fxDreema.CO.UK]

@jstap Nice