How to make Take profit equal to Stop Loss

Hi,

 

I built an EA that will open a position on a given set of circumstances for MacD and stochastics.

 

On buy trades the stop loss is set at previous bar low minus 3 pips.

 

I would like to make the take profit an equal number of pips to the stoploss. How do I do this?

 

I’ve tried this in pips in range section:

 

SL = orderopenprice + ConvertToRealPips(openprice + (openprice – SL))

 

It doesn’t work. Also tried it as a price level. Please assist, thanks.

 

Julian

 

 

I’ve tried using:

 

Stop loss set as a pips range:

 

Pricedifference ( Openprice, SL)

 

Still no success. 

Hello,

 

will make an example for you and post here

Hi, you can calculate the difference between close price and previous bar low price and convert it to pips. Then you can set this value as the SL and PT offset