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Hello,

I'd like to know if it's possible within the Molanis strategy builder to create TP/SL figures automatically based on the ATR of the currency. For example, rather than saying I want a static figure of 50 pips for a SL, I'd prefer to tell the EA to calculate the SL to be 30% of ATR.

That way the EA is autonomous and adjusts for changing volatility in the currency.

Does anyone know if this is possible and how?

Thanks,
Matt

Not possible yet

It's a long shot but this may help, I have done something similar but it wont be exactly what you're after... Using the indicator builder create two indicators:

1) high - low

and

2) ATR * 0.3

Then in strat builder,

if (high - low) >/= ATR*0.3 = sell/buy whatever...

I'm not sure of your system but if you can define your entry price somehow, you could use what I have done but replace the (high - low) part.

nolube