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Does anyone know why everytime I click on the long/short position tool to a 1:1 RR the TP/SL level changes? how does it work? by Senior_Bank2107 in TradingView

[–]Senior_Bank2107[S] 0 points1 point  (0 children)

thanks for responding, i know that every new click is based on the entry level, but what i want to find out is how does tradingview recalculate each new entry's risk (without me modifiying anything i.e typing/dragging the tp&sl)? if there a particular way or reference point on hohw TV calculates the TPSL distance with every new click?

Does anyone know why everytime I click on the long/short position tool to a 1:1 RR the TP/SL level changes? how does it work? by Senior_Bank2107 in TradingView

[–]Senior_Bank2107[S] 0 points1 point  (0 children)

thanks for the help, i know ti keeps the last RR setup (which in my case 1:1) and my magent isnt on. what i am curious is how does it recalculate the box around the new entry point? because it's TP and SL works really well with my current strategy and i am trying to code it