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Jose Saul Martinez  

Hi Dmitrij 

I decided to bought the indicator I'm a scalper i'm a little confused at the time of applying the stop loss would you please clarify this to me?

If I set the stop loss to 0.1 that means the stop loss is set up for -100 pips? is that right? What if I need a tight stop loss and I want it to be only -10 pips so the setting for the auto stop loss should be .01?  Please inform...

I use 2 different brokers one its called Oanda and the other one its called AMP futures. 

Dmitrij Petrenko  
Jose Saul Martinez:

Hi Dmitrij 

I decided to bought the indicator I'm a scalper i'm a little confused at the time of applying the stop loss would you please clarify this to me?

If I set the stop loss to 0.1 that means the stop loss is set up for -100 pips? is that right? What if I need a tight stop loss and I want it to be only -10 pips so the setting for the auto stop loss should be .01?  Please inform...

I use 2 different brokers one its called Oanda and the other one its called AMP futures. 




Hi  Jose Saul Martinez! You think right!

Best way to see sharp setting is chose pending order instead market execution for your instrument. Than you can delete this order after see pips.

Setting StopLoss 0.1% TakeProfit 0.2%:

EURUSD: Sell Price 1.09226   SL= 109 pips,  TP = 218 pips

EURGBP: Buy Price 0.88388   SL= 88 pips,  TP = 177 pips 


Setting StopLoss 0.01% TakeProfit 0.02%:

EURUSD: Sell Price 1.09226   SL= 11 pips,  TP = 22 pips

EURGBP: Buy Price 0.88388   SL= 9 pips,  TP = 18 pips 


Setting StopLoss 0.0092% TakeProfit 0.00184%:

EURUSD: Sell Price 1.09226   SL= 10 pips,  TP = 20 pips

EURGBP: Buy Price 0.88388   SL= 8 pips,  TP = 16 pips 


Setting StopLoss 0.01132% TakeProfit 0.02264%:

EURUSD: Sell Price 1.09226   SL= 12 pips,  TP = 25 pips

EURGBP: Buy Price 0.88388   SL= 10 pips,  TP = 20 pips 

Dmitrij Petrenko  

Best setting for scalping STOPLOSS 0.05% save you lot of money.