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move SL to Break even lock profit

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roen roen

Customer, bbp_participant, community, 18 replies.

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1 month ago #276995

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

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tomas262

Administrator, sq-ultimate, 1 replies.

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1 month ago #277001

Hello,

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

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劉以撒

Subscriber, bbp_participant, customer, community, sq-ultimate, 15 replies.

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1 week ago #277734

How can I make the stop loss condition also work in easy language?

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tomas262

Administrator, sq-ultimate, 1 replies.

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1 week ago #277736

Hi,

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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roen roen

Customer, bbp_participant, community, 18 replies.

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1 week ago #277807

Thanks Tomas

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