Hi
Not sure if this is do able but is it possible to place multiple orders at once and put separate stop loss and take profit?
Example if EUR/USD I want to start at 1.160 but want 3 orders and each has its own stop loss and take profit on seperate occasions or time.
Yes, but the mechanism depends on the platform you are using.
Yes, it’s possible. But, what’s your intention actually?
I’ve seen a few forums saying TP1 TP2 up to TP4.
In MT4 and MT5 you have the option to place pending orders.
For each pending order you can define a custom level at which the order will be open and then choose a stop-loss and TP level for said order.
See the screenshots below:
P.S The screens are from MT5
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You can set multiple TP’s in an individual trade; by dividing your trading lots size.
Yes, you can. But it will depend on the trading platform you are using. More specifically whether your broker is allowing you a platform to execute multiple orders in one time simultaneously.