Scripts: Modify stop loss or take profit

 

Modify stop loss or take profit:

Scripts to modify stop loss in buy or sell opened orders on current chart.

Author: Matus German

 

Not sure I understand, 

what is in the pip settings ? 

Can you set a 3:1 tp to sl ratio ?

Or are they both independent of one another ? 

 
temptraitor:

Not sure I understand, 

what is in the pip settings ? 

Can you set a 3:1 tp to sl ratio ?

Or are they both independent of one another ? 


pip setting is if you want StopLoss 20 pips, you will set it to 20, it will set the StopLoss 20 pips from current price
or you can set StopLoss at price, example 1.33185
 

Hello. How to set SELL TP for opened positions -for example 6 pips- but not from current price but 6 pips from opened price?

I set 6 pips

1st opened position is sell at 1.3730 - and want set TP at 1.3724 (6 pips)

2nd opened position is sell at 1.3722 - and want to set TP at 1.3716 (6 pips)

...and next more at other price and want to set TP 6 pips from opened price

Of course automaticaly ;)

Thanks

 
Nice handy tool, Thank You.
 

Guyss I've downloaded and installed this script but it doesn't work for me on MT4.  Can you think of a reason why? 

 

Very cool script!

Is there any version for metatrader 5?