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The rest remains at break-even and can then be traded via the automatic trailing stop (and/or der already existing possibilities for the full position).
The rest remains at break-even and can then be traded via the automatic trailing stop (and/or der already existing possibilities for the full position).
Hello,
You can open two positions and manage them separately, as you wrote.
Or, I think that here you can somehow apply Partial Closing of a position with a trailing:
Hello,
You can open two positions and manage them separately, as you wrote.
Or, I think that here you can somehow apply Partial Closing of a position with a trailing:
Thank you!
I had actually overlooked it... it's already working the way I want it to.
I don't want to exit half of the position when a certain TP is reached for the first time, but rather when the price comes back.
To do this, I select ‘partial close of the loss’. And so that I can choose the level myself, I select ‘price’ as the distance.
This allows me to subsequently move the entire (remaining) SL separately to BE, etc.
And I can now also move the first ‘partial SL’ on the chart at my own discretion in order to close part of the position at a profit when the price comes back.
Thank you!
I had actually overlooked it... it's already working the way I want it to.
I don't want to exit half of the position when a certain TP is reached for the first time, but rather when the price comes back.
To do this, I select ‘partial close of the loss’. And so that I can choose the level myself, I select ‘price’ as the distance.
This allows me to subsequently move the entire (remaining) SL separately to BE, etc.
And I can now also move the first ‘partial SL’ on the chart at my own discretion in order to close part of the position at a profit when the price comes back.
Ok, I see.
Hello. Is there any setting I need to change or adjust to copy trades?
Hello, I don’t think that you need to set up anything in TradePanel to copy trades.
Hello,
When I use the Line Buy function, it always displays the line of entry but adjusted with spread, but this doesnt happen with the Line Sell. Is this a bug or how can I fix it?
Hello,
When I use the Line Buy function, it always displays the line of entry but adjusted with spread, but this doesnt happen with the Line Sell. Is this a bug or how can I fix it?
Hello.
Buy opens at ASK price, so Buy line is located at ASK price.
Sell opens at BID price, so Sell line is located at BID price.
- this is not an error.
Hello.
Buy opens at ASK price, so Buy line is located at ASK price.
Sell opens at BID price, so Sell line is located at BID price.
- this is not an error.
I think this is a better ilustration of the problem
I think this is a better ilustration of the problem
Sell is executed at the Bid price. Therefore, the sell line will always be set at the Bid price.
Buy is executed at the Ask price. Therefore, the buy line will always be set at the Ask price.
The chart on your terminal is always built at the Bid price, so the sell price will always match the chart price.
By default, the ASK price is not displayed on the chart. Open the chart properties and enable this checkbox:
After that, you will see that the position opening lines are always located at the price at which the position will be opened:
Hello,
Hello. You do not need to perform any additional actions when using the functionality with the indicator, because all indicators that are used in the panel are built into the code.
Hello. What is the best way to close out most of the profit and leave a small runner without a defined TP? Is it best the to use the partial close feature and break even few to close out most of the trade and then set a very large take profit for the remainder or do I remove the TP that I need to manually and let the trailing stop end the trade?
Hello, I do not give recommendations on trading strategy, when exactly to open and close positions, and when and where to set take profit and stop loss.
And our question does not have a clear answer, because For example, if there is a support or resistance level ahead of the price movement, and the indicators show overbought/oversold, then naturally there is no point in a trailing stop, and the TP should be short. If there are no serious obstacles to price movement, then you can use a trailing stop to catch the maximum price movement, at local support or resistance levels use partial closure.
Hello, I do not give recommendations on trading strategy, when exactly to open and close positions, and when and where to set take profit and stop loss.
And our question does not have a clear answer, because For example, if there is a support or resistance level ahead of the price movement, and the indicators show overbought/oversold, then naturally there is no point in a trailing stop, and the TP should be short. If there are no serious obstacles to price movement, then you can use a trailing stop to catch the maximum price movement, at local support or resistance levels use partial closure.
Okay. I’m not asking properly. How will the system allow me to set a TP for less than 100 percent of an entry while the system closes the rest. For instance, if I want to consistently close 50% of each trade a certain distance while the rest is only closed by the trailing stop.
To perform a partial close at 50% of take profit use this setting:
To perform a partial close at 50% of take profit use this setting:
Yes. But can I do this with a percentage or more of the SL initially and the rest running with no predetermined TP and only closed by the trailing stop. So, if I’m confident that price will go a certain distance with my strategy, I want a smaller portion to run, as oftentimes, price will pull back, but the trailing stop may allow the trade to continue. I hope I’m making sense.
if you write how to set the distance of partial closing, then there are 5 options:
If you do not have a take profit, naturally you cannot use "% of take profit",
If you have a stop loss, and the distance of partial closing should be dependent on the stop loss, then you choose % of stop loss.
In all other cases, you choose points or price.
There are no other options.