Stop/loss at the previous range

• 09/14/2017 at 9:51 AM #46202
  Crillezz

  Hi! I am looking for a code that take the previus candle range/length and set the stop at the entry –  range of the previous candle, and profit/target at entry + range of the previous candle* 2

  

  Crillezz

  Participant

  Topics: 18

  Replies: 43

  Been thanked: 0 times
  09/14/2017 at 10:46 AM #46207
  Despair

  It depends little which is the previous candle depending on how you enter the market. Do you enter with a market order or with a stop/limit order?

  Anyway it should look like that:

  SL= tradeprice-range[1] TP= tradeprice+range[1]*2 set target pprofit tp/pipsize set stop loss sl/pipsize

  1 2 3 4

  SL= tradeprice-range[1] TP= tradeprice+range[1]*2 set target pprofit tp/pipsize set stop loss sl/pipsize

   

  

  Despair

  Blocked

  Topics: 97

  Replies: 1034

  Been thanked: 219 times
• Author
  Posts