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How to move stop loss to breakeven.
http://www.dukascopy.com/swiss/english/forex/jforex/forum/viewtopic.php?f=146&t=49458
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Author:  williamforex [ Sun 23 Jun, 2013, 11:58 ]
Post subject:  How to move stop loss to breakeven.

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

Author:  vadim_berezhnoj [ Tue 25 Jun, 2013, 11:14 ]
Post subject:  Re: Moving stop loss to breakeven.

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

Image

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