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Some problems with Set Take profit and Set Stop Loss
 Post subject: Some problems with Set Take profit and Set Stop Loss Post rating: 0   New post Posted: Mon 25 Jan, 2016, 10:44 
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Something is not put properly , but to be honest i don't figure out where is the problem. I Have tried so many times to find out where i was wrong, but i failed every time.
I am waiting for some answers
Thanks in advance.
I attached a vfs file


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 Post subject: Re: Some problems with Set Take profit and Set Stop Loss Post rating: 0   New post Posted: Mon 25 Jan, 2016, 14:51 
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Hi,

Before going further, could you please explain what is exactly not working as expected and what is your trading idea ? The more details, the best !

Cheers


 
 Post subject: Re: Some problems with Set Take profit and Set Stop Loss Post rating: 0   New post Posted: Mon 25 Jan, 2016, 15:12 
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Some comments of what I noticed ...


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 Post subject: Re: Some problems with Set Take profit and Set Stop Loss Post rating: 0   New post Posted: Mon 25 Jan, 2016, 16:57 
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Hi,
First of all thanks for your comments.
I attached a jpg file with a explanation for this strategy. This strategy is just a sample and what i want to get from you is how to use properly "Set stop Loss and Set take Profit". At this chapter i still have some lacunas.
I have searched on this forum about this issue, but i didn't find anything.
Image


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 Post subject: Re: Some problems with Set Take profit and Set Stop Loss Post rating: 0   New post Posted: Mon 25 Jan, 2016, 17:12 
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Hi,

There is no need to use Set SL & TP blocks as you can easily set your prices in pips and then drag them into the Open@Market block. (check the example attached)
The problem, as I said in my previous comments, is that you have differentiate between green and red candles as the difference that you're doing (Close - Open) may led to a negative result --> this means a TP and SL in negative which doesn't make sense.
So either you split your conditions to include Bullish/Bearish candles OR replace Close/Open prices by High-Low. You see what I mean ?

Cheers


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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from the use and/or reliance on any document, data or information found on this webpage.
 
 Post subject: Re: Some problems with Set Take profit and Set Stop Loss Post rating: 0   New post Posted: Mon 25 Jan, 2016, 17:46 
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I got your idea. i know what you meant. Anyway this strategy was just a sample one.
My problem was with that TP and SL
Thanks for replying and have a nice day :D


 

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