TakeProfit in % of the balance for all opened trades
Replies 8
Instead of only having profit target in pips, you can add profit target in eur, or % of balance, I think this could help to have more stable profits and to control better the profit target wanted.
I think this is an important improvement, especially in all situations where price doesn't reach TP immediately and there are several opened positions, so waiting for closure could be problematic and riskier: we can set TP both in points and balance % and/or absolute value filter. The first of them reached will force closure of the trades.
How to use it?
Lot will change, but target in EUR remain the same?
% can be replaced by pips. Just recalculate.