Dear Jon,
The creation of the "initial" stops/targets is done by a calculation with the default setting you used. This is set to 10 pips stop and 2R as TG1. The settings are perfectly fine.
Next, it is important to understand when the "default" settings are used - and when the previous values are used another time.
In the Settings/Planning section are the "Keep" settings for Start, Stop, and Targets. These determine whether the previous values are used or whether the "default" settings are recalculated when the planning tool is called up again (by pressing the "Plan Buy"/"Plan Sell" button):
- Keep Entry: the entry price remains at the previous value and is not changed to the current price.
- Keep Stop: The stop price remains at the previous value and is not calculated according to the default value.
- Keep targets 0..4: Targets 0-4 remain at the previous value and are not calculated according to the default values. At a value of zero, no target is kept, all targets are recalculated. At a value of one, the first target is kept, all others are recalculated and so on.
Often you want to keep stops/entry or targets constant and not lose the old values every time you call the planning. That's why these fine-grained settings exist.
But since you need a fresh, new calculation every now and then, you can force it by pressing the Ctrl key and clicking the "Plan Buy"/"Plan Sell" button at the same time.
Please try the different options and contact us if you have any questions or problems.
One more small note: Fees are taken into account when calculating target one. Therefore, if you have a stop distance of 10 pips, you will not see 20 pips as target for 2R, but about 21 pips to include the fees for buying and selling.
