Disliked{quote} How to calculate Take Profit (TP) ? > Use market volatility e.g. the ATR of the timeframe of your trades. > determine the total risk 'R' of your trade in dollars for Position Sizing. > then set your Stop Loss at the point of your trade entry EP. > your Stop Loss can be 2x times your ATR(10) > your Take Profit to be in multiple of your risk 'R' EU H4 trade example, > the Set-Up candle which closed above the 5EMA. > entry is the next candle open. {image} >>> the above trade is a classic 5bars swing low with True REVERSAL and an Inside Bar...Ignored
Thank you for answering!
News probably going to push the EURUSD down?
Also wated to ask how to activate the SL and TP in TMC V19 EA?