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    need help in setting TP on base of MA

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    • B
      bigboytable last edited by

      Hello,
      How to set a take profit using the Exponential Moving Average to implement the following condition: example- For a buy trade, if the candle closes above the 12-period EMA, the trade should be closed. share the link below. thank you.
      (shared/TuRATaGde)

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      • l'andorrà
        l'andorrà last edited by

        I'm not sure what you exactly mean. Are you interested in the TP or the closing part?

        (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

        (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

        (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

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        • B
          bigboytable last edited by

          Thank you for the reply. I will try to explain.
          "I have set a 10-pip Stop Loss (SL), and I do not plan to set a Take Profit (TP). For a buy trade, I intend to use the Exponential Moving Average (EMA) to determine when to close the trade. If the closing price of a candle is above the 12-period EMA, EA should close the trade. The same condition applies for a sell trade; if the candle's closing price is below the 12-period EMA, EA should close the trade."

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          • Alex81
            Alex81 last edited by

            Just create a condition when candle close crosses over/under the EMA and then put the block to close the trade.

            The only edge on the market is to lose less than you win...

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            • B
              bigboytable last edited by

              Thank you for the reply. so, the block order is Buy now and condition and close the trade. please correct me if am wrong

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              • Alex81
                Alex81 last edited by

                No, create a condition block with the ema crossover/under, and then a block below with close buy or sell

                The only edge on the market is to lose less than you win...

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                • B
                  bigboytable last edited by

                  Thanks ales. i got it now

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