Setting Break Even Relative to Stop Loss
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Current project i am working on sets a SL at a high point of a candle period with a TP 1:1.5 relative to the SL. I am trying to make the SL move to break even when price reaches 1:1 relative to the SL but I can't seem to figure out a way to do this since the SL is variable on each trade. Any help would be much appreciated. Thank you.
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@szyniecki said in Setting Break Even Relative to Stop Loss:
Current project i am working on sets a SL at a high point of a candle period with a TP 1:1.5 relative to the SL. I am trying to make the SL move to break even when price reaches 1:1 relative to the SL but I can't seem to figure out a way to do this since the SL is variable on each trade. Any help would be much appreciated. Thank you.
Perhaps one of these can help you in the mean time?
http://fxdreema.com/forum/topic/3100/How-to-use-break-even-block/5
http://fxdreema.com/forum/topic/2008/Break-even-point-block/3 -
@jsauter86 gotcha thanks... I just stumbled over that as well. I should have opened my eyes a but more it seems thanks!
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@ me if you need some more eyes on it. I haven't used that block, but it looks like i might want to in the future.