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How to move stop loss to breakeven.
 Post subject: How to move stop loss to breakeven. Post rating: 0   New post Posted: Sun 23 Jun, 2013, 11:58 

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Joined: Sat 22 Jun, 2013, 17:40
Posts: 1
Location: Belgium,
Hello,

Would it be possible for me to create a strategy where the stop loss moves to breakeven after for example 1:1 is reached..
It is such a basic thing but never found a way to implement it on the jforex platform...

Regards,

William


 
 Post subject: Re: Moving stop loss to breakeven. Post rating: 3   New post Posted: Tue 25 Jun, 2013, 11:14 
Visual JForex expert at Dukascopy
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Joined: Mon 22 Apr, 2013, 11:30
Posts: 604
Location: UkraineUkraine
Greetings

Break-even SL can be set with following logic:
Check all positions, if Open price not equals SL AND Profit is above TargetProfit, THE set SL on open price level

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