No stop loss or take profit of EAs

[Nake Devins]

<p style=”text-align: right;”>Hi,</p>
I am taking the 21 day course, and am just wondering about your EA’s the “GBPUSD M1 Scaling, USDJPY M5 scaling” I noticed they do not have Take profits of stoploss.

I am a new trader, so I don’t understand this stuff. Could you please advise me if I need to set up a stoploss, and if not, why not?

Thanks

Jacob

[Alan Northam]

Hi Nake,

The EAs that do not have a TP or SL will have an indicator built into them that will determine when to take profit or close with a loss.

Alan,

[Author]

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