SL and TP Options

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Written By Ehsaan XP

Last updated 18 days ago

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User Guide: Using Take Profit (TP) Ladder Options

Fixed Stop Loss and Take Profit

This option allows you to set specific values for both Stop Loss (SL) and Take Profit (TP).

  • Enter a fixed value for Stop Loss in pips or points.

  • Enter a fixed value for Take Profit in pips or points.

  • A close action may be triggered based on your connected account settings when either the SL or TP level is reached.

Fixed Stop Loss with Take Profit Ratio

This option combines a fixed Stop Loss with a Take Profit based on a ratio.

  • Set a fixed Stop Loss value in pips or points.

  • Enter a Take Profit Ratio (e.g., 1,2,3).

  • The Take Profit value is calculated based on the Stop Loss and the selected ratio.

    For example, if you set Stop Loss at 30 pips and Take Profit Ratio at 2, then the Take Profit will be 60 pips.

Same as Signal Provider

This option copies the Take Profit settings from the signal provider's indicator.

  • Select "Same as Signal Provider" in the SL/TP settings.

  • The system will apply TP4 from the indicator based on your selected setting.

  • Your trade will have the same Take Profit levels as the signal provider's suggestion.

Smart Entry

Smart Entry helps configure your entry settings by setting SL and TP values based on the parameters you select.

  • Choose between "SL by Pips" or "SL by Price".

  • For "SL by Pips", the system copies the SL pips value from the signal.

  • For "SL by Price", you set a specific price for the Stop Loss.

  • Select a Risk to Reward (RR) ratio or set a Fixed Take Profit.

  • The system will calculate the Take Profit value based on your selected settings.