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Add Consolidate Move Stop Losses

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Published: 10 February 2025

Current version: 1.3

Add Consolidate Move Stop Losses

Move StopLoss - Instructions for Use

How to Use

Drag and Drop
- Click and drag the script onto the chart where you want to set the new StopLoss level.
- Drop the script at your desired price level.
Confirmation Popup
- After dropping the script, a confirmation box will appear.
- It will display the number of positions being modified and the exact StopLoss price.
- Click "Yes" to proceed or "No" to cancel.
Automatic StopLoss Update
- If confirmed, the script will update the StopLoss for all open positions on the current chart.
- If a position has no StopLoss, one will be added at the selected level.
Placement Validation
- The script ensures that BUY trades have a StopLoss below the entry price.
- SELL trades must have a StopLoss above the entry price.
- If any position has an invalid StopLoss placement, the script will show an error and cancel the operation.
Completion Message
- A final message will confirm how many positions were updated successfully.

Bonus Feature: Adds StopLoss Where None Exists!

If a position does not already have a StopLoss, this script will add one automatically at the selected price.
Useful for securing trades that were previously left unprotected.

Notes

This script only modifies positions for the current chart symbol.
If no valid positions are found, or if the StopLoss placement is incorrect, an error message will be displayed.

Simply drag, drop, confirm, and secure your trades effortlessly!

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