Hello,
Is it possible to place a stop loss below the lowest price of the last X candles?
For example, I'm buying at €1250 and the lowest of the last 10 candles is €1150, so the stop loss will be €1150.
thank you for your help
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You can use "Support and Resistance" from earnforex which is similar to Donchain channel
You can use "Support and Resistance" from earnforex which is similar to Donchain channel
Ready in v2.59.5
The documentation has not been updated yet, but you can already play with the new version.
Hello Andrey
Can you use this SL (lowest of the last x candles) to calculate the number of lots as with traditional SL? For example, if I want to risk 1% of my capital on each position, CP will calculate the size of the lots according to the SL (determined according to the lows of the last x candles).
And can you create a TP based on this SL: if Ratio=1 then TP=1xSL; if Ratio=1.5 then TP=1.5xSL ....
thank you
Hello Andrey
Can you use this SL (lowest of the last x candles) to calculate the number of lots as with traditional SL? For example, if I want to risk 1% of my capital on each position, CP will calculate the size of the lots according to the SL (determined according to the lows of the last x candles).
And can you create a TP based on this SL: if Ratio=1 then TP=1xSL; if Ratio=1.5 then TP=1.5xSL ....
thank you
Lot calculation will work as you want in 2.60.1 (in Risk per trade mode).
As for the TP, please add your suggestion as a new topic so we will not forget about it.
This EA make the job but i can’t make backtest because it’s not a indicator…
https://www.mql5.com/ru/code/34167
Do you have a methode for make a backtest with 2 EA?
Nope, you can't do this.
I'll add customizable Individual SL soon.