Multiple TPs

 

Hello experts,

what is the best way to add multiple TPs to a MT4 trade? MT4 itself doesn't support such an option?

Thanks in advance.

 

It seems no option exists?

 
Jawitech:
It seems no option exists?

The only way would be to make some EA that does that

But with multiple TPs there are always problems (you almost never know at what step of TP you are)

 
Thanks mladen. There are many systems creating several TPs for a trade, thought there will be an easy method (if TP>x than move SL to BE+y and TP to TP2 or something like this). Will have a look if I find an suitable EA to do the job.

Have a good weekend!

 
Jawitech:
Thanks mladen. There are many systems creating several TPs for a trade, thought there will be an easy method (if TP>x than move SL to BE+y and TP to TP2 or something like this). Will have a look if I find an suitable EA to do the job. Have a good weekend!

I am aware that there are several EAs that are using partial closes (I wrote some of those)

What I was trying to tell that usually such EAs can work only if you know the original lot size of the order (if you want to close an order in an exact number of steps simply because each partial close actually creates a new order which loses original order information - including the original lot size and the comment field that could have been used for keeping information about that original lot size)

So, you are probably going to have to work with constant lot size orders

 

Ah, now I got you. I'm usually trading with 0,10 lots currently, so that wouldn't be a problem.

Could you recommend me an EA, probably one that you made?

Thanks for your help!

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