Set Profit Target in Points or Ticks instead of Dollars
I would like to be able to set my profit and loss targets based on points as opposed to dollars.
When I size up or down, the target dollar amount changes drastically; however, in terms of points (or ticks) my target and stop loss typically remains constant.
This is especially helpful for anyone trading the open, when price changes rapidly.
The way it is set up now, I have to take the same size or set my bracket orders manually, which can be costly when trading the open.
Not to get greedy but in a perfect world, I would love to be able to set multiple profit targets based on points or ticks.
I would like to dump 50% (or x%) of my position at (x) points profit and the other half (or third or whatever) at a higher pre-set target.
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Comments9
The Different Trader
Aug 26
•Merged request
•2 votes
TP and SL in Percentages instead of dollars
Hi
I would love to have Take Profits and Stop losses in percentages instead of dollars.
It would make it easier mentally for me, and I assume more traders with me :)
Eliwoney Cabral de Araújo
Jul 15
•Merged request
•8 votes
Add configuration to RISK SETTINGS
We need more options to increase security to avoid account breaches. PLEASE VOTE FOR THIS OPTION.
I ask you to put the following settings:
1st allow the trader to configure so as not to be able to change the risk management on the current day. If the trader wants to change the settings today, it will only be allowed after the market closes, and the next day he will be prevented from changing the risk management settings.
2nd Allow the trader to choose to block the risk management screen for hours, days, weeks or even months, the same way it works in the COLD TURKEY software that we use to block RITHIMIC for as long as necessary, to prevent the trader from making changes the daily loss settings.
3rd Allow you to configure LOSS and TAKE in points, ticks and currency.
4th Allows you to configure the traling stop right there on the risk management screen, so that the StopLoss goes to the BE after fulfilling the configuration that the trader chooses, and the SL follows the price accordingly configured.
Ryan Machoskie
Jun 10
•Merged request
•1 vote
Realized P&L to show in points instead of dollars?
Sierra chart has this feature to show your realized P&L in points instead of dollars, it would be really cool if you could implement this.
Taylor Slager
Jun 10
•Merged request
•1 vote
Allow visibility of multiple of Dollars/Ticks/Points/Percentage for the trade you are currently in.
It would be really nice if I could select multiple of these options from within the chart preferences. I know it’s possible to switch between these 4 to only see one when looking at your position (and SL/TP orders) on the chart, but would love to be able to see more than one at a time. I really like to see the dollar as the primary and then being able to see the tick and point amount would be really helpful to get a good feel for how much the trade moved despite as the dollar amount obviously is based on the amount of contracts times the move.
Martin Oosthuizen
Jun 10
•Merged request
•3 votes
Pre Determined Stop Loss and Take Profit LEVELS
instead of just having a dollar figure, which is no use of you change how many contracts you trade and the distance changes according to contract size, have an option to pre determine the SL and TP LEVELS like in Trading view, MT4 and MT5.
Martin
mik thomas
Jun 2
•Merged request
•1 vote
Stop Loss/ Take Profit in Points
Hope all is well. Could Stop Loss and Take Profit be set in points and not only a Dollar amounts. Ex 20 point SL 40 point Take Profit.
Thanks
BDP
Jun 2
•Merged request
•7 votes
Additonal take profits
I would like to be able to set take profits in ticks and/or points in addition to the dollar amount take profit.