move SL to Break even lock profit
My strategy need used 2 steps of move SL to breakeven lock 2 profits
For example: in long trade step1,2 using Move SL 2 BE and Move SL 2 BE Add pipis methods.
Step 1: when if profit price attached 10 pips then move SL to 7 protected 7 pips,
step 2:if profit price attached 12 pips then move SL from 7 to 10,then protect 10 pips,
Step 3: If Profit price over than 12 pips according by other condition rules (indicators, signals or trailing stop…. ) to exiting.
How to do this for Strategy Quant and Algowizard
Thanks a lot
you need to setup a manual trading stop-loss move using 2 new conditions. You need to combine the Open PnL (pips) function together with the “Set Stop-loss”
Check the example attached
1 week ago #277734
How can I make the stop loss condition also work in easy language?
to make it work in EasyLanguage use default SQ blocks for TSL and Move SL2BE. It is evaluated once per bar only
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