Defines a fixed Stop Loss for all trades placed on the Slave. Any Stop Loss set on the Master will be ignored.
The entered value is interpreted according to the selected option:
% of entry price: The Stop Loss distance is calculated as a percentage of the Slave entry price. Example: if the Slave entry price is 1.2000 and the value is 1, the Stop Loss distance is calculated as 1% of 1.2000.
cash amount: The Stop Loss is calculated so the trade risks approximately the entered money amount. Example: if the value is 50, the Stop Loss will be placed at a distance where the estimated loss is about 50 in the Slave account currency.
pips: The Stop Loss distance is set directly in pips from the Slave entry price. Example: if the value is 20, the Stop Loss will be placed 20 pips away from the Slave entry price.
price decimal: The Stop Loss distance is set as a raw price distance. Example: on EURUSD, if the value is 0.0010.
If the Fixed SL leads to a higher loss than the configured Maximum Risk or Maximum SL, it will be capped to the most restrictive value.
How to Set Fixed SL:
Please click Copy Settings
Click Adv. Settings
Go to Position Management tab
Define the Fixed SL value and select from the dropdown options (% of entry price, cash amount, pips, price decimal)