Mql5 stoploss and take profit

• Mql5 stoploss and take profit. Feb 8, 2023 · Stop-Loss is the same as the Take-Profit! That is invalid! 109. May 27, 2024 · Then the take profit can remain fixed, and the trailing stop only modifies the stop loss. Please insert code correctly: when editing a post, click and paste your code in the popup window. It paints the histogram depending on the location of prices relative to these levels. Stop-loss orders help limit potential losses by automatically closing a trade if it reaches a specified loss threshold. 09. These orders are executed at the broker's side. e. - Free download of the 'RoNz Auto SL-TS-TP v2. For example, when the profit is at 25% of the amount invested or when the loss is at -70% of the amount invested the investiment will close. 09 14:33 Hello, how to detect stop Allow the use of cookies to log in to the MQL5. The dotted line will show the price of the deal Take Profit level: Fig. regards Jul 24, 2018 · I tried many ways to calculate the stopLoss and takeProfit but could not get it write. Oct 6, 2021 · Dear Experts, I am looking for a very simple trading expert advisor. Take-profit orders, on the other hand, automatically close a trade when it reaches a desired profit level. 3. The values of the stop loss and take profit levels should be able to be adjusted in Mar 15, 2024 · Stop loss and take profit are stop orders that close a position when the price reaches their value. trading forex mql4 metatrader mt4 mql5 mt5 metatrader-5 metatrader-4 trailing-stops stop-loss expert-advisor May 5, 2022 · According to this strategy, we need to use the ATR values to determine a dynamic stop loss and take profit level based on the current ATR value and specific calculation for stop loss and take profit in both cases the buy position and sell position. New comment 68. More details on trade entry point I will give later May 23, 2009 · The next time your stop-loss or take-profit is calculated, just check them to be not less than StopLevel: Allow the use of cookies to log in to the MQL5. May 22, 2020 · When you execute a trade for the first time note that STOP_LOSS is always equal to for example 500 points difference from price but now you want to modify a stop loss. how do I get my stop loss and take profit to show the potential loss / gain on screen? As below? I have seen peoples platforms which actually show it on the relevant line next to the order ID, however previously I used to have to hover over the relevant line to show the potential value. What I want is: When prices goes up to 1300, I change SL to 1200. In this case, a trailing stop takes the position to breakeven. Meta Trader 5 Feb 7, 2019 · An Expert Advisor for placing Stop Loss and Take Profit. you will need to be using OrderGetDouble(), OrderGetInteger() and OrderGetString() to query open price, stop loss etc. *****You can see my MQL5 products here: https://www. - Free download of the 'Modify stop loss or take profit' script by 'gery18' for MetaTrader 4 in the MQL5 Code Base, 2012. 1. Auto set stop loss and take profit. New comment 300. - Trailing Stop level. Dec 29, 2005 · I manual trade and i notice i can set the default on the number of lots i buy/sell, but how do i set the default for stop loss / take profit so i don't have to waste time entering the numbers in manually Sep 23, 2012 · Scripts to modify stop loss in buy or sell opened orders on current chart. Characteristics of This EA 1. 07 Oct 29, 2020 · Hi guys. There are two main types of orders: Market and Pending. In this case, you can set Stop loss and Take profit. An example of a simple expert advisor that opens one position with the indicated stop loss and take profit. - Free download of the 'Stop Loss Take Profit' expert by 'barabashkakvn' for MetaTrader 5 in the MQL5 Code Base, 2017. May 28, 2022 · I'm newbie in mql4. Further update on ma cross with profit targets. 2. Jun 12, 2010 · Yes, just don't set the SL or TP values explicitly within the trade as sent to the broker but setup your EA to monitor the trade and market price at all times so it can close the trade when the market reaches the internally defined SL or TP. In trading, along with experience, traders usually come to understand that the levels of accumulation of stop orders, price and time play a significant role in the market. once account profit reach $10, the stoploss level is $1, meaning position close when account profit drop to $9. It is a good idea to never trade without a hard stop loss unless you are using extremely small position sizes. Stop loss allows traders to limit losses, while take profit enables thjem to save their gains. 10. I need to set a take profit amount that is higher than the bid price. If 0 – the current TP is deleted: New Stop Loss: New Stop Loss to be placed for orders. Can filter trades by magic number. The values of the SL and TP orders are set in the - English Download the 'Automatic Stop Loss and Take Profit' Trading Utility for MetaTrader 4 in MetaTrader Market Nov 29, 2017 · Indicator displays the value of defined stop loss and or take profit in the deposit currency. chinaski 2018. Automated trading systems development can also be quite absorbing. See full list on tradingheroes. com/en/us If you’ve ever found yourself in a trading conundrum, staring at your screen and wondering when to cut losses or take profit, then buckle up. until it's close to zero. 22 Apr 30, 2006 · I could not find the way to set default Stop-loss and Take profit? Maybe someone could help me. I used to develop a lot in MQL4 and now I am trying to get my code work in MQL5 too. New comment 107. Entry and reversal deals use the Take Profit values from the original order based on which the position was opened or reversed; Exit deals use the Take Profit value of a position as at the time of position closing; double. I have a problem. MQL5 tutorials and examples. You can place multiple stop orders and multiple limit orders respectively. Their reasoning is quite simple. the below code failed and many variation could not fix it either, I need to consider the forex pairs when jpy is present as well. I need to set a take profit amount that is lower than the ask price. 11 ACCOUNT_FIFO_CLOSE Oct 29, 2020 · When you execute a trade for the first time note that STOP_LOSS is always equal to for example 500 points difference from price but now you want to modify a stop loss. Exp Assistant will help you organize maintenance of your positions. Nov 9, 2017 · I am new to MQL5. 27 17:45 Allow the use of cookies to log in to the MQL5. Trailing. Mar 15, 2024 · Stop loss allows traders to limit losses, while take profit enables thjem to save their gains. Mar 4, 2013 · double stop_loss = NormalizeDouble ((price + SL* Point), Digits); double take_profit= NormalizeDouble ((price + TP* Point), Digits); The NormalizeDouble() is not needed you can get rid of it. HI, For an EA that I'm developing, I would like to move the StopLoss when a Take Profit is executed. 08. New Take Profit: New Take Profit to be placed for orders. - Free download of the 'Hidden Stop Loss and Take Profit' expert by 'Balrog100' for MetaTrader 4 in the MQL5 Code Base, 2017. It has to be featured with the ATR indicator (Average True Range) that will be used to calculate automatically the stop loss and take profit. If the trading strategy does not provide for setting a take profit, or it is possible to use a trailing take profit, then a trailing stop can monitor the levels of both stop loss and take profit. Parameter values: style - select the type of display (Histogram, Line, Arrow) price - price, has little effect on the final look, but this can be customized timeframe - select a timeframe for calculating levels. Thanks May 7, 2007 · very simple In the OrderSend function, place value of Ask - 999 for stoploss and Ask + 999 for take profit (thats for buying long), or Bid + 999 for stoploss and Bid - 999 for take profit (thats for selling short) Nov 4, 2016 · There are 5 functions of this indicator: Shows the main and main information on the selected symbol: Ask BID, Spread, Stop Level, Swap, Tick value, Commission prices; Shows the future targets of SL target and TP Target (The number of points of the established stop loss and take profit, the dollar amount); It shows the profit received for the May 20, 2022 · To modify a POSITION you need: 1. If the price of the symbol goes past the take profit price, the take profit order will not be triggered. Apr 28, 2015 · Dynamic Stop Loss. 11 Oct 16, 2019 · CTrade: Set stop loss e take profit. Jun 11, 2023 · Stephen Fabrico #: I believe the take profit order acts as a limit order. Select position and only then modify. 23 How to add stop loss and take profit to your EA. I think mininum of stoploss is "MarketInfo(symbol, MODE_STOPLEVEL)", but I have no idea how can I get the minumum of take profit Jul 27, 2008 · Yes, absolutely. If I input a value which is lower than minimum of take-profit, then I would like to show log. Oct 15, 2023 · Hello, please can help code now work with stop loss and take profit Thanks stop loss and take profit - Copy Trading - Expert Advisors and Automated Trading - MQL5 programming forum Forum Apr 4, 2017 · This script is used to modify the stop loss and take profit of the position of the current chart. So the new request will be: Apr 25, 2018 · 3. SL and TP could be hidden. The TRADE_ACTION_SLTP element in the ENUM_TRADE_REQUEST_ACTIONS enumeration is intended for this purpose, that is, when filling the MqlTradeRequest structure, we should write TRADE_ACTION_SLTP in the action field. It is actually like for one trade the initial stop loss wont move May 17, 2019 · The idea here is the stop loss increases by 10 pips as profit increases by 10 pips, but the stop loss doesn't go down. . Step-by-step instruction how to make your own Scripts from Scripts Collection. "Stop loss" and "Take profit" are not an order type, they are a concept which implements stop and limit orders. How it looks like in pure MQL5: May 28, 2010 · TAAD:. Fabio Fredduzzi 2019. but, for better calculation of pip distance in point; Buy: Stoploss = Bid-x TakeProfit = Bid+y Sell: Stoploss = Ask+x TakeProfit = Ask-y. May 27, 2022 · Vladimir Karputov #:. Strategy with Stop Loss and Take Profit not calculating Stop Loss. If you want to create trailing stop ea, there is no problem to move stop loss to be near the current price Dec 7, 2018 · The second one is more applicable to netting accounts if the request does not contain a position ticket. 4. your code has the SL and TP above Ask/Bid Feb 3, 2007 · Traders and programmers, im looking for an ea with the specifics are below. There may be cases where you need to open an order quickly or you simply forget to set a stop-loss and take-profit for your order. Study the example from the documentation: Trade Operation Types ( Example of the TRADE_ACTION_SLTP trade operation for modifying the Stop Loss and Take Profit values of an open position ) Jul 30, 2020 · Description. 5 x ATR / Take Profit 3 x ATR. But in that example code gets informations like volume,price and etc. Stop Loss, open price and Take Profit lines. Setting up the above condition seems quite complex for me. Jun 29, 2018 · Trader1529: I have this Expert Advisor in which I can set take profit and stop loss in points. You'll find the step by step procedure to create a class for trailing stop on SAR and NRTR indicators. 01. Note The order should be selected using the Select (by ticket) or SelectByIndex (by TakeProfit - COrderInfo - Trade Classes - Standard Library - MQL5 Reference - Reference on algorithmic/automated trading language for MetaTrader 5 May 27, 2018 · EA take profit and stop loss in percentage. Oct 25, 2018 · Stop loss and take profit initial setting. The EA performs checks. Sell positions open on the bid price and close at the ask price May 9, 2018 · Detect stop loss or take profit. - Free download of the 'AutoSet SL TP' expert by 'barabashkakvn' for MetaTrader 5 in the MQL5 Code Base, 2019. Please help, Thanks. Created by a professional trader for traders. com Jun 5, 2024 · (Required) AWARDED BY THE BEST. All positions of the current chart will be updated with the same sl/tp Scripts: Modify SL TP - Take Profit - Articles, Library comments - MQL5 programming forum BOOSTER FOR MT5 is a professional scalping advisor for daily work on the FOREX currency market. Compiling and Testing the Expert Advisor in MetaTrader (04:19 – 04:53) Aug 6, 2023 · Here’s a comprehensive guide on how to use ATR to manage stop-loss levels in MQL4/MQL5: 1. 08 12:09 #2 Allow the use of cookies to log in to the MQL5. Feb 11, 2016 · I buy on the ask, my stoploss (SL = Bid -stoploss;) and takeprofit (TP = Bid + takeprofit;) are on the Bid, just like MT4 say it has to be, this way we take account of the spread. with stop loss 250 & take profit 115 points, below is the May 16, 2020 · Look on the right side of the image; I see Volume, Price, Stop Loss, Take Profit, etc. I can catch Take Profit or Stop Loss triggers. 4- the sl was triggered on the third. 11. - Free download of the 'TP SL Trailing' expert by 'barabashkakvn' for MetaTrader 5 in the MQL5 Code Base, 2018. dear gordon, I mean, open the positions ' manually' (not EA), just look at the hourly charts, having about 20 positions open (buy and sell) all different currency pairs, and instead of stops and take profits for every currency pair at certain prices, I mean having a stop loss and take profit based on the balance of all the 20 positions put together, based on total profit loss, not Jun 27, 2012 · Did you use other approaches to set the stop loss and take profit levels?Appreciate it if you could share your findings Documentation on MQL5: Standard Constants, Enumerations and Structures / Trade Constants / Order Properties. The green dot buy signal The red dot sell signal . It is a little bit different that the code you shared but I still can catch. Expert Advisor. DEAL_TP. There are no OrderModify(), OrderOpenPrice(), OrderTicket() in MQL5!!! See the documentation here on how to select, query values and modify trades. Aug 13, 2012 · I work on a new version where you could choose sl and tp for each symbol - Free download of the 'Automatic stoploss and takeprofit' expert by 'panthaigle' for MetaTrader 4 in the MQL5 Code Base, 2012. For a Buy the SL is below Ask and the TP is above Ask, for a Sell the SL is above Bid and the TP is below Bid . Fig. This means that the take profit order is only triggered when the current price matches the take profit price exactly. if account profit go to$11, then stoploss level is $10. It has been designed for intraday traders and scalpers. 0. New comment 1258. 09 Sep 22, 2017 · A class system to represent a hidden stop loss and take profit system, combined with 4 example files showing the use of the classes. Understanding ATR (Average True Range): ATR measures the average range between high and low Jan 6, 2014 · A collection of predefined Scripts immediately available for use without having to key-in. In addition, there are special Take Profit and Stop Loss levels. 21 Oct 18, 2013 · Copy Stop Loss and Take Profit levels — Stop Loss and Take Profit placed at the provider's account will be also placed on your trading account if this option is enabled. Illustration of the price module operation on the Delta ZigZag indicator using the order to buy as an example Modifying Stop Loss and/or Take Profit levels of a position. But why will Point() break down on exotics? The way I understand it, as whroeder has stated, stop losses are take profits are entered in pips. Creating a trading robot can be as interesting as reading a good mystery novel. Apr 13, 2018 · technically correct, as long as the price (stoploss or Takeprofit value) not within StopLevel limit. g. This is an essential part of controlling risk in Forex trading. The major one being stop-loss hunt. Mt5 is completely ignoring my sl, so im losing money even if i move my sl into profit its 2023 and i can confirm metatrader 5 strategy tester ignores stop losses when they're in a loss Sep 10, 2017 · Usernamelessss: I'd like to know which is the exact formula (used by brokers) to calculate preventively the monetary value of a SL or a TP. Now we add Stop Loss and Take Profit. Apr 10, 2021 · Exit deals use the Stop Loss of a position as at the time of position closing; double. May 25, 2020 · Stop loss and take profit must be on different sides of the current price - not the order open price. This tool automatically tracks trades without Stop Loss and Take Profit and checks what level should be set in accordance Aug 12, 2010 · The basic rule of trader - let profit to grow, cut off losses! This article considers one of the basic techniques, allowing to follow this rule - moving the protective stop level (Stop loss level) after increasing position profit, i. Nice work, i've been using the 5ema open/close cross manually for a while and works nicely Jan 19, 2023 · I am debugging an ea in strategy tester visual mode and found cases where stop loss (and also take profits( are not triggered timely. The EA works only with market orders opened manually. Setting a Stop Loss (SL) and Take Profit (TP) Using ‘trade. See the full series: https://www. 12. For trailing profit: *if that trade moves 5 pips more(i. This article looks on how to reduce stop-loss hunt in trade and Feb 24, 2024 · Simple MQL5 expert. Automatic Stop Loss and Take Profit: The EA sets automatically stop loss and take profit for every new order (also pending ones). --->first trade will be closed at 'tp-1', second trade will be closed at 'tp-2' and the last one will keep running for trailing profit part. If the method is successful, set the take profit field in the request to zero. for the take profit deal. Jan 5, 2019 · Ask questions on technical analysis, discuss trading systems and improve your MQL5 programming skills to develop your own trading strategies. Mar 5, 2014 · I need to use trailing stops and trailing profit. Lets say 30 pips from filled price. The expert must have the feature of Trading Start Time and Trading End Time. color over pivot line - color of everything above the pivot level color Jul 28, 2021 · The take profit and stop loss would be calculated on the first dot plus could have features to select which dot we want to use . This covers simple point based as well as an example using ATR multiples. 09 09:08 Hello, I need clarification on where to place TP and SL lines in case I sell or Nov 26, 2021 · When I'm back testing I can see that my stop loss isn't actually appearing and ill see the EA make 5 winning trades and then make a massive loss. 1st , 2nd or 3rd . - Free download of the 'SL&TP Values' indicator by 'MhFx7' for MetaTrader 4 in the MQL5 Code Base, 2017. 25 Aug 21, 2017 · Stores and implements a basic hidden Stop Loss and Take Profit system. Mar 5, 2020 · Simple advisor with stop loss and take profit. Your problem is you are trying to run MQL4 code in MQL5. To give a trade order to open a position with stop loss and take profit, you need to calculate these levels: variables declared at the global program level (in the 'header' of the adviser): to send trade orders, use the ctrade trading class Jan 1, 2021 · StopLoss and TakeProfit Utility MT4 for automatic setting of stop loss and take profit levels. if my SL and TP are 100 point, it should male 10 dollar profit if the takeprofit is hit, and 10 dollar loss if the SL is hit. but, it all depends on you as a coder. Go through all positions. But I wanna acces to information about buy deal it self. Quantum Dev 2023. Position open button. Aug 10, 2018 · Par duck:. 02. Jan 6, 2014 · A collection of predefined Scripts immediately available for use without having to key-in. The stop loss may be made dynamic, as a way to lock in profits on a trade that progresses profitably. For example: Stop loss 1. - Descargar gratis el script 'Stop Loss and Take Profit Scripts' de 'file45' para MetaTrader 4 en MQL5 Code Base, 2014. Nov 25, 2021 · Stop-loss is a major tool when it comes to money management in trading. Jul 20, 2020 · I need to set a stop loss amount that is lower than the bid price. OnTradeTransaction is used to determine whether a trade was performed after the activation of Stop loss or Take profit. Is there a way to add the order type to the message of the tp activated and sl activated? It would be great if you guys can provid an example of how to do it :) Robot en lenguaje MQL5 que coloca un Stop Loss o un Take Profit automáticamente según los parámetros introducidos previamente. Stop loss point and take profit points can be selected in the tab of the input parameters. 06 Dec 20, 2020 · Thanks for reply Vladimir. Communicate and share your experience with traders from anywhere in the world, answer questions and help beginners — MQL5. However, it is not only manual trading that can provide you with an exciting experience. Welcome to the world of MQL5 trailing stop! It’ could be your game changer, much like swapping your trusty old golf clubs for a state-of-the-art set. Then, they are converted to prices (x10, as the above statement states), added to the Bid/Ask, as the case may be, to generate the stop loss and take profit level. say I want the stop loss to be 40 pips away and the take profit to be 20 pips away. Suppose I buy a currency pair in price of 1000. 3 levels of stop loss and 5 levels of take profit. is the commercial exchange (buying or selling) of a financial security. Calculates pivot levels. yo Jun 30, 2011 · All - How do I detect when a stop loss or profit limit event has occurred? Specifically, if I placed a BUY order and placed an OCO ---> 1 detection of stop loss or profit limit - Limit Orders - MQL4 and MetaTrader 4 - MQL4 programming forum This EA will help you to automatically put stop loss and take profit for all your orders. Dec 9, 2021 · Take profit and stop loss confusion. Although stop-loss is a great tool, there are challenges that are encountered when being used. Trailing Stop on Profit is a classic trailing stop EA for MetaTrader, which activates only once a given profit value is reached. If I'm buying a stock, I pay the ask price. 138. I want to change this parameter with the percentage of the investiment. Not sure how to do it. Jul 29, 2020 · Now it does the same thing over and over on a trade, for example, first time 500 profit (half of 1000 take profit), immediately 250 profit, then 125 profit, then 62. 13 Nov 21, 2019 · Here I want to give you an EA for to put stop loss and Take profit automatically. Husain Ballam 2021. Jul 23, 2020 · Open a position and set Stop Loss and Take Profit for it. If 0 – the current SL is deleted: Choose Order Direction: Choosing the direction of open order: buy or sell: Magic Number: Include a magic number for closed orders. 500 == OUR STOP_LOSS. - Free download of the 'Hidden StopLoss and TakeProfit System' library by 'Balrog100' for MetaTrader 4 in the MQL5 Code Base, 2017. Take Profit level. This is an Expert Advisor for placing stop loss and take profit levels automatically. You can specify three symbols with SL and TP values (you can see symbol1 , symbol2 in the input tab below). It will appear after you move the red Stop Loss line to the desired price level. BuyStop’ to place a buy stop order with parameters for lot size, price level, currency pair, stop loss, and take profit. An MQL program can change protective Stop Loss and Take Profit price levels for an open position. mql5. In addition to the red and green lines, we need to implement a dotted line. 16 13:26 Allow the use of cookies to log in to the MQL5. The main advantage of using stop loss and take profit is the ability to control financial risks and use money management. Currency Pairs - General - MQL5 programming forum 2018. 1. The hack here is that you put price for a STOP_LOSS, NOT POINTS. Nov 12, 2019 · Simple script: it opens a BUY position. community is developing along with you. But some traders prefer to do without stop orders. In other words, when price reaches to 1300, it closes when price goes down to 1200 or goes up to 1500. 29 Feb 9, 2015 · EA for Automatic StopLoss, Take Profit, Profit Lock, and Trailing Stop (With Special Methods). Ultimate Trailing Stop EA and Ultimate Trailing Stop EA MT5 - program that provides 16 trailing stops, three traditional exits (StopLoss, Takeprofit, Breakeven), three partial take profit levels, and advanced basket closes, to manage unlimited symbols-magics-trades from the one chart instance. Nov 3, 2017 · If a trade is closed by Stop loss, the volume is doubled; if by Take profit the minimum volume is used. Determine suitable stop Feb 14, 2018 · Adding a trailing Stop loss to an expert advisor using MQL5. This program, the Expert Advisor, is designed to automatically set the Real or Virtual Stop Loss and Take Profit levels for your positions while trading. TP is 1500 and SL is 800. Return Value Order's Take Profit. com website. Oct 22, 2020 · CloseOrders by FIFO Rules - Strategy Tester - MQL4 programming forum - Page 2 #16 MetaTrader 5 platform beta build 2155: MQL5 scope, global Strategy Tester and built-in Virtual Hosting updates - Best Expert Advisors - General - MQL5 programming forum #1. hello. . This guide provides a step-by-step process on how to add a Stop Loss and Take Profit in MT5. - Free download of the 'Stop Loss and Take Profit Scripts' script by 'file45' for MetaTrader 4 in the MQL5 Code Base, 2014. 06' expert by 'RoNz' for MetaTrader 4 in the MQL5 Code Base, 2015. In practice, a SL is a stop order and a TP is a limit order. The second issue with my take profit is even if i change the take profit in the code it always stays the same when back testing (around 50 pips). Please note - Stop loss and Take profit must be normalized using the method CSymbolInfo::NormalizePrice Jan 1, 2021 · StopLoss and TakeProfit Utility MT5 for automatic setting of stop loss and take profit levels. 5 profit, etc. May 17, 2024 · Stop-Loss and Take-Profit Levels: Set appropriate stop-loss and take-profit levels for trades. I'll explain better: if I set a pending order or I send an order to the market and I put mouse over my SL or TP level, the platform says me how much (in deposit currency) I will win or I will lose if the price reach one of those levels. I want to take the profit when we're half way through, and let the rest half of the profit run for much more profits. 03 Aug 27, 2021 · Auto Hidden Stop Loss and Hidden Take Profit MT4 is an assistant for all those who forget to set Stop Loss and Take Profit in deal parameters, or trade on a very fast market and fail to place them in time. The MetaTrader script SetFixedSLandTP (short for Set Fixed Stop-Loss and Take-Profit) allows you to set a stop-loss and an optional take-profit price for all orders based on a set of filters. Thank you May 26, 2014 · Auto Setting, stop loss, take profit, trailing stop, breakeven levels, enabling virtual stop loss and take profit. Eg. Jan 16, 2020 · is an instruction given to a broker to buy or sell a financial instrument. The possible result? Enhanced precision, adaptability, and ultimately, superior performance Jul 31, 2019 · Take Profit line. Everyone will be able to insert Aug 21, 2012 · Almost all traders come to market to make money but some traders also enjoy the process itself. Since the request may change both take profit and stop loss, check if stop loss and take profit set in the position are appropriate. In this EA, each time i am doing an order, i take 3 differents orders with different take profit (TP1, TP2 and TP3) and the same SL (for example 20 pips I would like to move the SL when the TP1 is reached and to move it again when TP2 is reached but i have no idea how i can't do it. 05. So 500 points +/- current_price = e. You can now input different lot sizes per target. So if the stop loss is at 10 pips in profit whiles the price is at 23 pips in profits and it suddenly decreases, it would exit the trade at the 10 pip profit stop loss. Trader1529 2018. e. The utility works with any market orders opened by a trader manually or using advisors. 06 Oct 15, 2022 · Hi guys After the order is placed I calculate the stop loss and take profit relative to that price , so I use PositionGetDouble(POSITION_PRICE_OPEN calculation the stop loss and take profit - Take Profit - Expert Advisors and Automated Trading - MQL5 programming forum Jan 9, 2015 · The goal of the price module is to take the entry level from the indicator buffer, find the nearest local extremum for placing Stop Loss, calculate Take Profit by multiplying Stop Loss by the coefficient specified in the settings. For example when I enter a trade the programm should automaticaly enter pre-set Stop-loss and Take profit. I need to set a stop loss amount that is higher than the ask price. Jul 28, 2018 · After an update of mt5, the strategy tester is not respecting the stop loss or take profit anymore. Dec 30, 2010 · how to i program Account Profit as stop loss level? i only i trade at any one time. Effective use of stop-loss, take profit and lot size can make a trader more consistent in trading and overall more profitable. 500 == OUR STOP_LOSS Mar 9, 2010 · ellie2010:. Setting Expiration Time and Comment for the Order (03:49 – 04:19) Configuring the expiration time and adding a comment to the buy stop order. uudou aguh jxj wkyi dnxerdm ijsr rroysy tpygbgr pmrgyw bhcjl