MT4 from price to pips

Beginner Questions
1

Hi,

Does anyone know whether the mt4 have these function.
Say instead of putting the price value on the TP ans SL.
I can change to pips instead. I can just put TP to be at 10pips and SL to be at 20 pips.

I couldnt find or is there?

Regards
vincenr

2

Just place your order without TP or SL, then right click on it and select Modify. You can then enter TP and SL as number of points (pips). That calculation comes from the current price though, not from your initial entry point. If you want an order with a set pip value for TP and SL, it’s easier to code a script for the order placement and it will do it all at once.

3

Thanks a lot for the information, I didn’t know how to modify the order before and I had a lot of troubles because I always putted really big stop loss, now I’ve just modified my trade and it seems good, not a chance to lose a lot of pips. Great tip jejejeje:D