Skip to main content

Modify SL/TP

Adjust SL/TP levels dynamically for optimized risk management.

Updated over 9 months ago

Purpose

The Modify SL/TP block adjusts stop-loss and take-profit levels dynamically during trade execution.

How It Works

  • Updates stop-loss/take-profit based on pips, percentages, or price levels.

  • Can be used to implement trailing stops or breakeven rules.

  • Works best with Select Trades for targeted modifications.

Use Case

  • Move stop-loss to break-even after a trade moves into profit.

  • Adjust take-profit dynamically based on new market conditions.

  • Use percentage-based stop-loss adjustments for risk management.

Note: Incorrect modifications may lead to premature exits—use carefully.

Did this answer your question?