SLX - Rearrangement SL, if TP is executed

SLX module

The module creates or moves the SL if TP is executed.

Trigger mode: Every TP

Event

Actions

Executed TP #1

All current SLs will be canceled and a new SL in break-even price

will be created. with the order type specified in the SLX module

Executed TP #2

The current SL is canceled and a new SL is created at the price of TP #1 executed.

Executed TP #3

The current SL is canceled and a new SL is created at the price of TP #2 executed.

and so on...

and so on...

​Trigger mode: Only 1 TP

In this case, when executing the first TP in the Stop Loss position, it will be rearranged once and will not be rearranged during the further execution of other TPs.

Attention! The SL order will be rearranged for averaging and TP execution at the same distance to the position price if the Rearrangement of level setting in the SL module is enabled. This setting is disabled by default.