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Take profit buy money

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firestorm

Subscriber, bbp_participant, 16 replies.

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3 years ago #260052

Dear Mr. Tomas

I have strategy like that, EA will buy when price close above EMA50 and MACD crossover 0.00022 value. Stoploss will set below the lowest candle and TP will equal 1.5time stoploss. Or EA will close profit if profit total +5$. Can you have me for this code?

Thank you,
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tomas262

Administrator, sq-ultimate, 2 replies.

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3 years ago #260108

Hello,

what do you mean by “profit total” >= 5 USD?  Does that mean your close either by TP, SL or 5 USD profit?

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firestorm

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3 years ago #260111

Dear Mr. Tomas,

Close position by two case:

1. Close by SL,TP.

2. Close when total profit of positions is 5USD.

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tomas262

Administrator, sq-ultimate, 2 replies.

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3 years ago #260155

Hello,

ok, makes sense. When referring to lowest candle what lookback period do you use? 10 bars or 20 ?

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firestorm

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3 years ago #260161

Dear Mr. Tomas,

Time frame M15 and 20bars.

Thank you,

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tomas262

Administrator, sq-ultimate, 2 replies.

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3 years ago #260200

Hello,

check the example on your strategy attached

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firestorm

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3 years ago #260202

Dear Mr. Tomas,

Thank you very much.

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