Yes, you can set your predefine SL & TP pips in the telegram signal copier. How? Let’s see then!
While trading, some traders prefer to take the signal with the entry price but do not want to follow the SL and TP pips of the signal providers. Traders have their predefined pips for SL and TP which they prefer to follow daily. So, keeping that wish in our mind, we have included an option in the EA where a trader can override the signal provider’s SL and TP and set his/her own preferred SL and TP. How to do so? Then, let’s get into it!
How to set predefine SL & TP pips in TSC?
First, open the EA on the Metatrader application by clicking double on the cap/smiley face top right of the corner. (See the image)
After clicking double on the cap/smiley face, the EA of the telegram copier will appear on the screen like this. (See the image below)
Then, scroll down and you will find Override mode there. Keep Always on. (See the image below)
After that, you can see that Stop loss pips TP1, Stop loss pips TP2 and Stop loss pips TP3 are in -1.0.
-1.0 means not open. If you set -1.0 in any SL or TP pips section, that SL or TP will not open. Telegram trade copier will ignore that and will execute those defined in the sections. (See the image below)
Suppose you want to set 10 pips for Stop loss pips TP1, 20 pips for Stop loss pips TP2 and 30 pips for Stop loss pips TP3. So, your total SL pips will be 60 pips. (See the image below)
Besides, if you want to use just Stop loss pips TP1 for total 60 pips, you can enter 60 in Stop loss pips TP1 and make other SL pips section into 0 (See the image below)
Similarly, set your preferred TP pips in Take profit pips TP1, TP2 &TP3. (See the image below)
Last of all, make sure that you have clicked OK. Otherwise, all of the settings will not be saved! (See the image below)
Finally, it is done!