i want to make riskmanagement ea,which block to choose first? mt5
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i want to put sl and tp, trailing stop and break even to opositions opened by manual. what to do first?
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Aren't SL and TP established when the trade is open? Is the bot supposed to do it after you opened the trade?
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@l-andorrà said in i want to make riskmanagement ea,which block to choose first? mt5:
Aren't SL and TP established when the trade is open? Is the bot supposed to do it after you opened the trade?
yes, that is a riskmanagement ea supposed to do.
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You can use both 'break even' and 'trailing stop' block connected below a 'Pass' block. On the SL and TP managing you will need a 'For each trade' structure, but it will have to be correctly coordinated the the other tow. Otherwise they will conflict.