A candle close below the point of buy/sell

micade · **Joined:** Thu Sep 09, 2010 8:12 am **Posts:** 48

Hi molanis. Am working on a system and i need ur help to achive this idea am working on. I want to set a stop on a candle close below the point / candle i buy a symbol.
Example
Assume am working on 1H chart and i go long. Instead of stating the stop loss in pips, i want to set my stop loss to when one or two candles close below the exact 1H candle that i buy the pair. Reverse is for sell i.e a candle close above the point of sale. DOnt know how to do this
Thanks for assisting

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

In the current version, only fixed stop losses are possible.

micade · **Joined:** Thu Sep 09, 2010 8:12 am **Posts:** 48

molanisfx wrote:

In the current version, only fixed stop losses are possible.

ok. Thanks

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A candle close below the point of buy/sell