Take-Profit Strategy Configuration:
Main Menu > Bot Configuration > Trading > client name > Strategies > Take-Profit Strategy
The take-profit strategy will determine how the amount will be divided between the take-profit targets by default when creating a trade.
The bot offers the following take-profit strategies:
Evenly Divided
This is the default option when you first open this section as can be seen in the top message, so you will not see this option as one of the offered option.
When using this option, the bot will evenly divide the trade amount between the different take-profit targets.
For example, when creating a trade with 4 take-profit targets, the bot will place 25% of the trade amount in each take-profit target.
One Target
The bot will place 100% of the amount in the first take-profit target (the other targets will have 0%).
Two Targets
The bot will divide the trade amount equally between the first two take-profit targets, so each of the first two targets will contain 50% of the trade amount.
Three Targets
The bot will divide the trade amount equally between the first three take-profit targets, so each of the first three targets will contain 33.33% of the trade amount.
Fifty On First Target
The bot will place 50% of the trade amount on the first take-profit target, and will divide the other 50% equally among the remaining take-profit targets.
Decreasing Exponential
In this strategy, starting from the take-profit target with the lowest price, each target will have half the amount as the previous take-profit target, such that the first target has the largest percentage of the trade amount and the last target has the smallest percentage. The amount percentages will be divided in a way such that their sum will still equal 100%.
For example, when 4 take-profit targets are defined the first take-profit target with the highest price will have 53.333% of the trade amount, the second target will have 26.666% (half the amount of the previous target), the third target will have 13.333% and the last entry target with the highest price will have 6.666% of the trade amount.
Increasing Exponential
In this strategy, starting from the take-profit target with the highest price, each target will have twice the amount as the previous take-profit target, such that the first target has the smallest percentage of the trade amount and the last target has the largest percentage. The amount percentages will be divided in a way such that their sum will still equal 100%.
For example, when 4 take-profit targets are defined the first take-profit target with the highest price will have 6.666% of the amount, the second target will have 13.333% (twice the amount of the previous target), the third target will have 26.666% and the last take-profit target with the highest price will have 53.333% of the trade amount.
Skip First
The bot will place 0% of the trade on the first take-profit target, and will evenly divide the trade amount between the other take-profit targets.
Custom Strategy
You can create your own strategy that will determine the division of the amount between the targets.