Just another pending that got triggered, despite going 7 pips beyond my TP it did not got closed (spread counter gave me a whole 35pip spread, to make matters worse, on an ECN commision broker(!). We all know these scenarios, despite your efforts spread may very well kill you.
Now i tried to configure my EA a bit. For example to have it place an SL 5 pips away when price is 95% near TP (counted from the original entry price level).
Now obviously this does not work either because an SL needs to be "x" pips away, depending on current market conditions (so on a 35pip spread volatility you will not be able to place your SL in current range).
Anyone got a workaround?
Now i tried to configure my EA a bit. For example to have it place an SL 5 pips away when price is 95% near TP (counted from the original entry price level).
Now obviously this does not work either because an SL needs to be "x" pips away, depending on current market conditions (so on a 35pip spread volatility you will not be able to place your SL in current range).
Anyone got a workaround?