Add Consolidate Move Stop Losses

Move StopLoss - Instructions for Use

How to Use

1. 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.

2. 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.

3. 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.

4. 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.

5. 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!