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Stop Loss Setup | JedeyeForex

Stop Loss Setup

JedeyeFX Documentation


Stop Loss Setup

Very similar to what happens with Take Profit Setup   but regarding stop loss, Stop Loss Setup input can tell JedeyeFX to automatically set a stop loss value for each opening order. In order to set the initial stop loss (again, note that we refer to this as “initial” since this value as many others in other inputs can be dynamically changed during the expert advisor execution) you need to follow the format below:

[set mode: manual],[stop_loss_pips_value]
This means that when you set something like manual,50 you are telling JedeyeFX to automatically set 50 pips of stop loss for each opened order (by its intervention, not by the trader itself).

Remember that JedeyeFX supports additional Stop Loss mechanisms to enhance your strategy.
Check them below on Subtopics section.