Calculating Stop Loss & Take Profit

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I am using the basic send pending script (seen here) http://pastebin.com/0aLPLuGm

It enters the trade no problem, but it doesn't calculate stop loss/profit.

My question is, how can I calculate a -100 stop loss and +30 take profit based on the entry price.

Thanks in advance,

Terry

 
terryseos:

I am using the basic send pending script (seen here) http://pastebin.com/0aLPLuGm

It enters the trade no problem, but it doesn't calculate stop loss/profit.

My question is, how can I calculate a -100 stop loss and +30 take profit based on the entry price.

Thanks in advance,

Terry


CurTime() is an obsolete function, you should not be using it . .

Check the return values from your trading functions and if they fail report the error and any relevant variables: What are Function return values ? How do I use them ?

For your SELLSTOP the SL is your open price (Bid - 30 * point) + 100 * point and your TP is open price - 30 * point Bear in mind that these don't factor in the spread at all . . .

 

Thanks Raptor. That worked perfect.

It doesn't factor the spread no, how could I possibly start to look into this?

Appreciate the reply.

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