zeeyeetee:
for instance, i have opened a Buy, willing to TP 50% of position when price going up to price_1, and TP the rest of 50% when price going higher to price_2. but if the price not reaching price_2, coming back to price_1, then TP 2nd 50% at price_1.
This is a typically vague instruction that we get in Freelance. How far must price go beyond TP 1 before deciding that a return to TP 1 will trigger closing the remainder of the position?
The simple answer to your question is, when the price has moved beyond TP 1, set the SL at TP 1
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Hi,
Im new doing mql4,
for instance, i have opened a Buy, willing to TP 50% of position when price going up to price_1, and TP the rest of 50% when price going higher to price_2. but if the price not reaching price_2, coming back to price_1, then TP 2nd 50% at price_1.
please help.
many thanks.