User Guide: Using Take Profit (TP) Ladder Options

This guide explains how to use the Set All TP Ladder, Progressive TP Ladder, and Set Specific Indicator TP Level options when configuring your strategy. These features help you manage partial closes, control profit-taking, and align your trades with indicator providers efficiently.

Quick Rule-of-Thumb

• Need a full ladder?

  Use Set All TP Ladder → Follow all TPs.

• Need the first N levels?

  Use Progressive TP Ladder → Set manually and add N rows.

• Need one specific level?

  Use Set Specific Indicator TP → Enter its index.

Option 1: Set All TP Ladder

How it works:

• Uses all Take Profit (TP) levels from the indicator provider.

• Creates partial close levels for the first N−1 levels (virtual orders).

• The final TP is placed directly on your order with the broker.

• Position size is divided equally among all levels (max. 5 TPs recommended).

Example:

• Indicator has 4 TP levels (prices 3354.47, 3353.47, 3352.47, 3351.47).

• Strategy uses all 4 levels.

• Your trade closes 25% at each level, with the last TP (3351.47) sent as the final broker TP.

Use-case:

✅ Best for traders who want automatic equal distribution across all indicator TPs.

Option 2: Progressive TP

How it works:

• Lets you customize how many levels to use.

• You can set percentages manually for each level.

• Remaining balance is automatically allocated to the final TP.

Example:

• Set Level 1 = 30% close, Final TP = 70%.

  

• Add Level 2 = 10% close → Remaining = 60% final TP.

  

• On routing: trade closes progressively according to your defined percentages.

  

Use-case:

✅ Best when you want flexible profit distribution rather than equal splits.

Option 3: Set Specific Indicator TP Level

How it works:

• Uses only one specific TP level from the indicator provider.

• You choose the index number of the TP (e.g., 1st, 2nd, 3rd, etc.).

• Option to copy by price or by pips (adjusts for broker price differences).

Example:

• Set Specific TP = Level 3.

• Strategy copies only the 3rd TP at price 3368.59 and places it as your order TP.

Use-case:

✅ Best if you prefer targeting a single key TP level.

Editing and Managing TP Levels

• Click Edit Take Profit & Stop Loss on your active trade card.

  

• You can:

  • Add new levels.

  • Edit existing levels.

  • Delete levels.

    

• Changes apply immediately to your strategy.

FAQ

Q: What’s the difference between “by price” and “by pips”?

• By price: Uses the exact indicator provider’s TP/SL values.

• By pips: Adjusts levels by calculating the difference between indicator price and broker price.

  • For example, if an indicator entry price is 1.1000 with a TP of 1.1010 and SL of 0.9900, but your broker price is 1.1005, your TP will be adjusted to 1.1015 and SL to 0.9905.

Q: Why is there a 5 TP limit?

• To avoid early closes and ensure position size is distributed fairly.

Q: Can I mix strategies (e.g., some Progressive + one Specific TP)?

• No, each strategy type applies independently. Choose the mode that fits your needs.

Troubleshooting

• Problem: Trade closed too early.

  → Check if you used Set All TP Ladder with too many small partial closes. Reduce levels.

• Problem: Broker TP doesn’t match indicator TP.

  → Switch to copy by pips to adjust for price differences.

• Problem: My percentages don’t add up.

  → In Progressive TP, system auto-calculates remaining percentages for the final TP. Verify totals.

Summary

By using these options, you can:

• Set All TP Ladder for equal splits across all levels.

• Use Progressive TP for customized partial closes.

• Target one TP with Set Specific Indicator TP.

This gives you control over how your trades lock in profits—whether you want simplicity, flexibility, or precision targeting.