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    Setting take profit in percentage of account balance

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    • M
      manu22 last edited by

      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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      • fxDreema
        fxDreema last edited by

        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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        • fxDreema
          fxDreema last edited by

          Ok, I added this option: post/8017
          It was requested few days before, so I guess it will be useful 🙂

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          • M
            manu22 last edited by

            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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            • fxDreema
              fxDreema last edited by

              Oops, I forgot something, now it should be ok.

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              • M
                manu22 last edited by

                It works properly now 🙂 thank you

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