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How to Execute Second position on Same Direction with StopLoss at Middle Point from first positon StopLoss and Current Price.

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09 Feb 2024, 03:17
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garnak123
18 Feb 2024, 06:17

RE: How to Execute Second position on Same Direction with StopLoss at Middle Point from first positon StopLoss and Current Price.

PanagiotisCharalampous said: 

Hi there,

The stop loss parameter should be in pips, not in absolute price. So you need to calculate the relevant pips so that the stop loss is set at the correct price level.

Best regards,

Panagiotis


For me to do this i dont have to just add  “"" * Symbol.Pipzise “”” at the end?

NewSL_Value = (P.StopLoss.Value + MidCalculation) * Symbol.Pipzise;

@garnak123

garnak123
10 Feb 2024, 00:38 ( Updated at: 10 Feb 2024, 07:55 )

RE: How to Execute Second position on Same Direction with StopLoss at Middle Point from first positon StopLoss and Current Price.

PanagiotisCharalampous said: 

Hi there,

The stop loss parameter should be in pips, not in absolute price. So you need to calculate the relevant pips so that the stop loss is set at the correct price level.

Best regards,

Panagiotis

Thanks!!

@garnak123
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