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Price to stop out

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Hi all, 

 

Does any one know how the calculate the formula for a stop out level, basically how many points if i have a n open position i need to loose to reach certain stop out level?

 

Thank you in advance  

Andrija1985: Does any one know how the calculate the formula for a stop out level, basically how many points if i have a n open position i need to loose to reach certain stop out level?
  1. You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
  2. Account Balance * percent = RISK = (OrderOpenPrice - OrderStopLoss)*DIR * OrderLots * DeltaPerlot (Note OOP-OSL includes the SPREAD)
  3. Do NOT use TickValue by itself - DeltaPerlot
  4. You must also check FreeMargin to avoid stop out
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