How to scale out of a position

Posted By: RTG

How to scale out of a position - 06/04/22 22:42

Hello. Say we enter a three lot position and want to take profit one one lot at x pips, and at the same time set the second lot to break even and let the third run, how would we code that? TMF?
Posted By: Petra

Re: How to scale out of a position - 06/05/22 06:12

Yes. The TMF must observe the price and then exit one lot after the other.

The easier way is just entering 3 trades with different TPs.
Posted By: RTG

Re: How to scale out of a position - 06/05/22 22:30

That is so much simpler, good idea.
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