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Check Profit/Loss

Monitor trade performance and trigger actions based on P/L levels.

Updated over 9 months ago

Purpose

The Check Profit/Loss block evaluates trade performance and determines whether conditions are met for further action.

How It Works

  • Compares trade profit or loss against a set value.

  • Works with pips, account percentage, or currency value.

  • Triggers actions if conditions are met (e.g., close trade at +$50).

Use Case

  • Exit trades once a profit target is reached.

  • Cut losses if a trade drops below a maximum loss threshold.

  • Move stop-loss dynamically when reaching a certain profit level.

⚠ Note: Requires a Select Trades block before use.

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