SETTING UP TAKE PROFITS AND STOP LOSS IN POINTS

[Vinz]

hello guys I have something important to tell you. I have notice that when putting tp and sl in points are different from each brokers like for example I experiment using OCTAFX and ADMIRAL MARKETS. I notice that when I use 200 points in OCTA it means that its 20 pips while in ADMIRAL its only 2 pips so just experiment your broker guys because sometimes it will not execute the trade .

OCTAFX ADMIRAL MARKETS
TP OR SL IN POINTS= 200 (20 PIPS) TP OR SL IN POINTS = 200 ( 2 PIPS ) " just set the sl or tp in 2000 in order to make a 20 pips"

 

[Muhammad Ahsan Zaman]

Got it .Thanks for sharing

 

[Vinz]

So if you or david can give me or help me with some profitable settings I'm greatly appreciate it.

Hello what pairs do you usually trade sir. I am posting presets every monday and tuesday take a look of it here and the fxbook link with settings. This presest can be very useful for recent weeks trade but also you need to see the market condition if its trending you can adjust your EA JUST TO EXECUTE ONLY BUY , ONLY SELL or BUY AND SELL EXECUTION . Davide provided us this tutorial on how to adjust on this thread.

 

[MadMartinB]

Where do they post ?

 

[Maxwell]

Where do they post ?

Hello, if you are still unable to locate David's post. You may refer to this link.

https://galileofx.community.forum/threads/how-to-adjust-consecutive-signals-based-on-market-trends-scalping-day-trading-and-swing-trading.43/