Setting take profit in percentage of account balance
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Hello,
Can you please tell me how to set the take profit to be in the optimisation and to be calculated in such way:
TP=SL * %(#FF0000)[X]
X value is in the optimisation.
Or even better TP is X% of balance.
I need to know this because the SL can be set dynamically according to candles high low or other things and I would like to know how to set the TP proportionally to the SL, considering that the SL is at a different pip distance from the open price at each trade.
Thank you
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I will add some option eventually, but now you can do it like this https://fxdreema.com/shared/UGLN2l79 or if you can calculate SL before Buy now
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Ok, I added this option: post/8017
It was requested few days before, so I guess it will be useful
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Thank you for your help, it's already certainly useful but sadly it sets the take profit to not more than 100% of the SL.
Let's say that I set the TP to be 300% or SL X 3. It just puts it at the same distance of the SL -1 pip :(.
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Oops, I forgot something, now it should be ok.
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It works properly now
thank you