Stop Loss Modification higher than price of execution.

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jrufel1989
59
jrufel1989  

Hi,


I like to know if there is a EA or a software that would set a Stop loss nearer to TP. Let's say I do instant execute buy trade @ 150 and after a while the price went up to 170 and my TP is 200 and I decided to have a SL for 160 which is higher than what I originally bought. Is there any free EA or software can help me with this?

Sergey Golubev
Moderator
106041
Sergey Golubev  

Yes, it is stop loss moved by the trailing stop to breakeven.

You can ask to modify your EA for that using Freelance, or search CodeBase for Breakeven EA for example.

Peter
32
Peter  

Is correct, Trailing Stop is integrated in the Metatrader, or is available as an order manager.
Right mouse click on the order and menu Trailing Stop.


Regards, Peter

jrufel1989
59
jrufel1989  
Sergey Golubev:

Yes, it is stop loss moved by the trailing stop to breakeven.

You can ask to modify your EA for that using Freelance, or search CodeBase for Breakeven EA for example.

Thank you for that information. It seems it needs further research.
Konstantin Nikitin
8322
Konstantin Nikitin  
You can pick up an Expert Trailing Stop in CodeBase . And run it in parallel on the second chart.
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