If you’re trading on MetaTrader 5, you’ve probably heard about SL-TP values. This handy indicator shows you the defined stop loss (SL) and take profit (TP) in your account's currency. It’s a great tool to keep your trades on track and manage your risk effectively.
Quick Note: Keep in mind that this indicator provides an estimated value based on a simple formula and doesn’t factor in any brokerage commissions. So, it’s always wise to double-check your calculations before making any trades.
Using SL-TP values can help you make more informed decisions and enhance your overall trading strategy. Happy trading!
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