How to set TP:SL ratio as 3:1? (SL is dynamic here)

[massoudsl]

@fxDreema can you share the link again please? this is my problem too and the link isnt work anymore

[divinefang]

Hi all! I am a new user and I have this question:

For a Long entry, my SL is the lowest low by looking back 4 bars ago. However, I would like my TP to be 3 times of that for a 3:1 Reward:Risk. How do I set that TP?

Thank you!

[fxDreema]

https://fxdreema.com/shared/V9Cg0DZzb

Block 2 is to be sure that for Buy trade the lowest price in the past is lower than the current price (where the trade will be opened). "Price fraction" here means something like 0.0012, which is not a price level like 1.2345 and not a (pips) value like 12.

[divinefang]

Okay got it. I didn't know SL*3 is possible on the field there. Thanks a lot!