Alexandru Ionut Comanoiu:
What formula are talking about?Hi! Does anyone know a math formula to calculate a dinamic TP based on SL distance. The smaller the SL-the bigger TP and the bigger SL-the smaller TP?
You need external variable to determine “how big is big” and “how small is small”
Mohamad Zulhairi Baba:
What formula are talking about?
It can be,for ex., relative to the average bar spread(constant) calculated on init().
What formula are talking about?
You need external variable to determine “how big is big” and “how small is small”
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Hi! Does anyone know a math formula to calculate a dinamic TP based on SL distance. The smaller the SL-the bigger TP and the bigger SL-the smaller TP?