Automate the process of managing stop loss settings in response to changing market conditions. Adjust the stop loss to breakeven or predetermined profit levels as the trade moves in your favor.

Why should traders use it?

• Secure profits by automatically adjusting the SL to breakeven or a profit level without constant market monitoring.
• Reduce emotional decision-making and human error in the trade management process.
• Customize their trading strategies with flexible SL adjustments, improving overall trading performance.

Example Use-Cases

Single breakeven level

• Set the SL to adjust to breakeven at a 1% profit.
• When trade’s PNL reaches 1%, the SL is now moved to breakeven level (0 + fee =~ 0.1%)
• Whatever comes first, trade’s returned to 0 or reached the TP goal, trade becomes closed

Multiple breakeven levels

• Set:
  • breakeven 1: 1%→0%
  • breakeven 2: 2%→1%
  • breakeven 3: 3%→2%
• when trade’s PNL reaches 1%, the SL is now moved to breakeven level (0 + fee =~0.1%)
• when trade’s PNL reaches 2%, the SL is now moved to 1%
• when trade’s PNL reaches 3%, the SL is now moved to 2%
• Whatever comes first, trade’s falls to adjusted SL or TP goal, trade becomes closed

Multiple breakeven levels + Smart trailing

The general role: The first condition that was achieved is the first and is fulfilled

• Set:
  • TP1 0,5%
  • TP2 1%
  • TP3 2%
  • TP4 5%
  • Smart Trailing: Move Stop Loss to the previous Take Profit
  • breakeven 1: 1%→0%
  • breakeven 2: 2%→1%
  • breakeven 3: 3%→2%