im finding this a little bit demanding on my part but is there any EA out there that can move the stop loss to +(# of pips) above break even on last trade open. it would function as move stop to break even and a jumping stop that could work on all pairs.
all the available EA is only move the stop loss to break even.
example:
GBPUSD
you go long and the price keeps going on your favor so you decided to open multiple entry
1st entry)1.30000
2nd entry)1.30550
3rd entry)1.30600
4th entry)1.30650
all off which have a 25 pip SL.
if the current price moves 10 pips away from entry price. move SL to +2pips to breakeven
and if price moves away 10 pips from 2nd entry level move the stop loss of 1st entry and 2nd entry to 2 pips above 2nd entry level
then if the price moves 10 pips above 3rd entry level move the stop loss of 1st and 2nd entry to 2 pips above 3rd entry level.
basically all of the stop loss of earlier trades would be moved 2 pips above the last opened trade of that pair.
thank you!
all the available EA is only move the stop loss to break even.
example:
GBPUSD
you go long and the price keeps going on your favor so you decided to open multiple entry
1st entry)1.30000
2nd entry)1.30550
3rd entry)1.30600
4th entry)1.30650
all off which have a 25 pip SL.
if the current price moves 10 pips away from entry price. move SL to +2pips to breakeven
and if price moves away 10 pips from 2nd entry level move the stop loss of 1st entry and 2nd entry to 2 pips above 2nd entry level
then if the price moves 10 pips above 3rd entry level move the stop loss of 1st and 2nd entry to 2 pips above 3rd entry level.
basically all of the stop loss of earlier trades would be moved 2 pips above the last opened trade of that pair.
thank you!
High income but not rich
