How do you decide target/stop-loss when entering a position with an algorithm?

Working on a forex trading algorithm and trying to collect different approaches people use to decide targets with an Algo.
My algorithm is just a binary logistic regression that gives the go up OR down signal. This is its only work but to enter a trade I need target and stop-loss values.

How do you guys usually go about it?

Submitted October 13, 2020 at 12:41PM by vikas-sharma
via https://ift.tt/3nLpMbm

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