<aside> 💡

Disclaimer: Sagemaster, a software platform provides market insights on user-selected strategies. It does not offer financial advice or guarantee results. Trading involves risk, and users should consult financial professionals.

</aside>

🧠 1. About Minimum PnL

Minimum PnL allows traders to define a single take profit level that the system evaluates only after a specified time has passed. Rather than reacting instantly to price movement, this strategy checks the unrealized profit at a specific time, giving users a more structured and disciplined exit strategy.

🔍 How It Works:

• The trade remains open until the defined time elapses.
• Once that time is reached, the system checks the unrealized profit.
• If the profit is equal to or greater than the set TP level, the trade will close automatically.
• If the profit is below the TP level, the trade will remain open and follow your default closing logic (e.g., manual or other conditions). Trade will close when unrealized profit is equal to the time-base level

This approach is ideal for traders who want time-conditioned exits that avoid premature closures due to temporary price fluctuations.

🛠️ 2. Setting Up Time-Based TP

1. Navigate to the “Smart settings” Section

   • Choose any Take Profit Type based on your strategy.

2. Enable "Smart Settings"

   • Turn On the “Minimum PnL” option.
   • A field will appear for defining your TP and time delay.

3. Configure the Settings

   • PnL: Enter your desired take profit target.
   • Time: Specify the number of minutes/hours after which the profit should be evaluated.

   

📈 3. Example

✅ Example 1: Minimum PnL in Action

• TP: 2%
• Time: 90 minutes

After 90 minutes, the system checks your unrealized profit:

• If it's ≥ 2%, the trade closes automatically.
• If it's < 2%, the trade remains open.