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Manually setting stop losses and take profits

Discussion in 'Beginners Bootcamp' started by mrmenstig, Aug 15, 2011.

  1. mrmenstig

    mrmenstig Recruit

    Jul 26, 2011
    Likes Received:
    The broker im using atm is alpari uk
    the trading system im using is oneclickpips
    it starts trades fine but wont exit them
    can i manually set the take profits setting myself or is it left down to the ea as ive watched it go from being +100 or so down to -whatever numerous times
    im using a lot setting of 0.03 on a 5k demo account
    if i can set it manually how would i do this as im very new to trading. Would i have to set it as a currency value (1.e 1.4366 etc) or can you set a take profits at £100 for example?
  2. Pharaoh

    Pharaoh Colonel

    Oct 3, 2007
    Likes Received:
    Right click on the trade. You can modify the order (putting in a SL or TP). You can also add a trailing stop. Unless the EA decides to "fix" what you've done, that should solve the problem.

    Give it a try on a demo account first. That way you can see if the EA is going to do something weird if you start modifying it's orders. I think the chances of this are small, but you never know what strange things a programmer may have built in.

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