Profit Target(s)
Define up to 4 profit targets, each with its own style and size.
Define your profit targets and customize exactly where they're set. All Predator orders (manual and auto) share the order management selected here.
Note: to enter a trade, at least one profit target must be checked — to enter with NO profit target, check 'Target Enabled' and select 'No_Profit' from the drop-down.
You can select up to 4 different profit targets, each with its own style and position size.
Sets your target X ticks from your entry price.
Calculates your target from the distance between entry and stop, multiplied by your RR target (1RR = 1:1, 2RR = 2:1) — helping maintain consistent RR on every trade.
Takes the current ATR value × the multiplier and sets your target that distance from the entry price.
Sets your profit target at a percentage of the current price at the time of entry.
The target must be selected to enter with that QTY. Select No_Profit from the drop-down with the target enabled — this prevents a profit target from showing when you enter.
- Load the Predator on the chart.
- Wait for a price change in the market, or click the 'Plots' button on the top toolbar.
- Select the plot you want for each target.
- Use the Split Order button to select different plots for Longs vs Shorts.
When using a Plot to set your Profit Target. You can choose to trail your profit target with that plot.
Use the Lightning Bolt button that appears when a Plot is selected.
In this section we can define our Profit Targets. How we can customize them to be set exactly where we need. All orders entered with the Predator will share the same order management selected here. That goes for both, your manual and Auto entries.
Note that in order to enter a trade, atleast one profit target must be checked. If you wish to enter a trade but have NO profit target. Simply check the “Target Enabled” box and select ‘No_Profit’ from the drop down. (See video below)
We can select up to 4 different profit targets with the Predator. Each can have a different style and a different position size.
Tick_Profit
⤷ Sets your target based on X number of ticks from your Entry price.
RR_Profit
⤷ Your profit target is calculated based on the distance between your entry and stop price. It will multiply this number by your RR Target and set your target based on that distance.
⤷ Example: 1RR = 1:1, 2RR = 2:1
⤷ It will help maintain consitent RR on every trade.
ATR_Profit
⤷ Takes current ATR value and multiplies it by the multiplier. Sets your profit target to this distance from the entry price.
Percent_Profit
⤷ Sets your Profit Target at a Percentage of the Current Price at the time of entry
No_Profit
⤷ The target must be selected in order to enter with that QTY
⤷ Select NO PROFIT from the drop down list with target selected. This will prevent the profit target from showing up when you enter a trade
Profit Target To Any Plot
- Load the Predator on the chart.
- Wait for a price change in the market OR click the ‘Plots’ button on the top tool bar.
- Select the Plot you want for each target.
- Use the Split Order Button to select different plots for Longs vs Short.