TP - Take profit

TP module with the ability to split into multiple orders

The Take Profit module automatically creates one or many TP orders, closing the position by the number of coins equal to the remainder in the position.

‌When creating a position on the chart, the Take Profit preview is displayed with the ability to move with the mouse.

General settings

‌General settings apply to all new positions by default. Changing the general settings affects only new positions, the settings of open positions are edited in the form of an order.

Rearrangement of level

‌ After adding coins (averaging or DCA) to a position, the module TP will rearrange Take Profit orders or at the same price with an increased number of coins in orders or rearrange orders so that the distance between TP and the position level remains is the same as before averaging.

‌ ✅ Enabled

‌After averaging the position, TP orders will be canceled and created with an increased quantity at the same distance to the price of the position as before the averaging.

‌ 🚫 Disabled

‌After averaging the positions, TP orders will be canceled and created with an increased quantity at the same price as it were before averaging.

‌Example with rearrangement TP

  1. Prior to averaging the Long Position, there was 1 TP order at the level of + 1% of the position price.

  2. After averaging, the position price is changed and the TP level to the position price became +3%.

  3. The system will cancel the TP order and create a new with an increased amount so that the distance to the position level becomes equal to +1%, as well as before averaging.

‌Number of orders

The number of Take Profit orders

‌It is advantageous to use several Take profits with the SLX module, which creates and rearranges Stop loss if TP is executed.

‌Price and number of coins in orders

‌Take profit price levels in % of the position price and the percentage of the number of coins in orders of the total number in the position.

By default, the number of coins in orders is distributed evenly.

The amount in the last order from the list is calculated automatically and cannot be edited.

Individual position settings

When creating a position, the general settings are set by default, but if you need to adjust them only for this position, then this can be done in the form of creating an order.

To do this, switch to the TP module:

‌ How to set multiple TPs manually with the module disabled?

While the module is not able to separate TPs, therefore, if you need to set several Takes, then you need to disable the TP module, create a position and switch to Decrease position in the form of creating an order (to the right of the order creation button)

Only you need to specify the number in orders so that the total number in the TP of the order is equal to the number in the position.

For example, at the position of 100 coins and you want to divide into 3 TPs into equal shares, then you can create 3 orders with 34, 33, 33 coins.