bluejack81mt5:
lets saying trading micro futures /mnq and i want to short it at 9300, i want an automatic stop loss to be set at 9303
also if possible, is there a way to get it to keep setting the stop loss as it goes down, so at 9299, the stop loss gets moved to 9302, but if it moves back up to 9300, the stop loss doesnt move?
Yeah. On mt5 for pc.
Nelson Wanyama:
Yeah. On mt5 for pc.
awesome. how?
bluejack81mt5:
awesome. how?
its called trailing stop. you can search for a tutorial on google.
here is a link that explains how to do it on mt5.
https://www.tradingmasters.io/metatrader/how-to-use-trailing-stops-mt5
you have to open a position before setting the trailing stop.
How to use Trailing Stop on MT5
- www.tradingmasters.io
In this article, we will explain how to apply trailing stop on MT5 (MetaTrader 5). As you may well know, this is the most popular professional platform in online trading and is a worldwide success due to several factors that we have already explained in our MetaTrader guide . Simply put, an advanced trading platform that offers everything you...
awesome, thanks yall!!
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lets saying trading micro futures /mnq and i want to short it at 9300, i want an automatic stop loss to be set at 9303
also if possible, is there a way to get it to keep setting the stop loss as it goes down, so at 9299, the stop loss gets moved to 9302, but if it moves back up to 9300, the stop loss doesnt move?