Lets think about we have 3 buy positions.
1 lot buy at 1400.00
1 lot buy at 1390.00
1 lot buy at 1380.00
Avarage price is 1390.00 and current market price is 1370.00
all are losers.
I wanna put a TS after 1390.00 when current market price is 1370.00
Script or EA will watch all positions and when the price hits 1390.00, it will be activated and puts SL to all positions at 1388.00
Even the losing buy at 1400
This will be for getting rid of all losers at minimal damage.
So, There will be variables to set up myself.
1. TS Begin Price (TS will be activated at exact price i chose which is 1390 on this example)
2. SL Level (If i set it 200 for this example, when price hits 1390.00 it will put SL to all at 1388.00
TS (NO need to explain)
3.TS Steps (No need to explain)
Now when TSBP (Trailing Stop Begin Price) hits, it will put SL to all positions at selected chart.
After putting SL to all losers, it will change SL on all losers according to TS and TS Steps
I gave buy positions example but it will also work with sell positions as the same.
That is it
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