Good day traders, Why is it that the MACD i saw in the BabyPips School is different from the one i saw on my pc ? The one from BabyPips School has two lines apart from the histogram , while the one on my pc has one line. What’s the difference? Who can really assist me? Is it also possible for me to add multiple take profit on a particular trade?
Hi Ore,
You are using mt4 - the top of the histo is the second line.
Maybe google mt4 macd 2 lines for more info.
I don’t think it is possible to add multiple take profit targets to one trade. What you can do is to open multiple smaller positions, which add up to your original positions, with the same stop loss and different take profits.
If you’re not able to hedge on your account, you could also set additional limit orders for your further take profits. They’re not directly tied to your position, but act just like the normal take profit you set.