RAQ

How to Use a Candle’s Low Value as a StopLoss: 1 Step


 

Q:
I would like to code an EA to close a trade if the price closes below the opening candle Low when each trade was taken.
Also, how can I tell the difference between two open trades.

 

A:
You can set the stoploss to the Low of the opening candle by setting the stoploss value to Low[0] and choosing “Absolute value (price):

  



 

On the advanced tab, you can set the MagicNumber to a special value to distinguish between trades:

 


 

 

There is more info about the MQL MagicNumber here:


 



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