Comments (9)
I will think what I can do.
However, you might probably achieve a similar result right now by executing the script multiple times with a single TP.
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would you please consider change the way PSC manages the multiple TP orders to maybe have a fixed distance(maybe a percentage of the main TP or a fixed RR but hidden lines) for additional TPs?
You can use the quick-fill buttons on the Script tab to set the multiple TPs to percentage of the main TP value. You can combine that with the UseFixedTPDistance parameter to make the distances fixed. To hide the lines, you can click on the Hide lines button.
sometimes if one of TP lines be in a invalid price level(for a buy position it being lower than entry point) it opens the trade but without stoploss.
Yeah, this should be fixed in the next version of the PSC-Trader script.
and also multiple TP lines makes the chart a bit messy and hard to manage when you want open a trade.
Not much I could do with that. Hide lines/Show lines button should help with it.
also if i set TP to be set by point and not price level the additional TPs distance convert to unrealistic point values.
I will look into it.
sometimes you just want break your trade into smaller positions and specific TP levels in not important at the time of opening the trade.
What do you suggest that would solve this?
from positionsizer.
What do you suggest that would solve this?
i think by solving the missing SL problem of PSC script this issue would also be solved by itself.
thanks for your consideration. 🙏
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I came here wanting to raise the exactly same feature request as @paymanz - each TP to be automatically calculated using a specified multiplier. There could be a field in settings on on the main panel (see fields highlighted in orange below) where we could put in a comma-delimited list of TP multiplier values by multiple TP levels:
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Partially done in 2.41.
from positionsizer.
Not much I could do with that. Hide lines/Show lines button should help with it.
is it possible to have an option to hide all additional TPs(their lines and also in panel) and set all TPs on initial TP(TP1).
sorry to bring it up again but that option would be really nice, thanks.
even if it dont hide them and just set all the TPs the same(as TP1) , that still very cool.
just an option like that: set all additional TPs as TP1.
from positionsizer.
Do you mean that the script should then open a single trade with a single TP or several trades but all with the same TP?
from positionsizer.
Do you mean that the script should then open a single trade with a single TP or several trades but all with the same TP?
multiple trades with the same TP.
from positionsizer.
I will think what I can do. However, you might probably achieve a similar result right now by executing the script multiple times with a single TP.
hi dear Earnforex, on this subject i just want make a suggestion that might be more logical thing than i previously suggested.
that is when the TP locked on SL is true to have additional TPs locked on RRR as well , so they are in proper place automatically. so each additional TP can be set by a RRR multiplier instead of price level.
overall it makes it easier to use when you do short term trade/scalp.
cheers!
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