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How can I set custom take-profit levels (targets)?

Updated this week

BlackBox allows users to configure custom take-profit settings that will override the take-profit levels defined in the signal.

Once enabled, your custom take-profit configuration replaces the signal parameters and will be used for all trades until you disable it.

Two modes are available:

Even Distribution

In this mode, the position size is distributed evenly across all take-profit levels defined in the signal.

Examples:

  • if the signal has 4 take-profits, the position will close 25% at each level

  • if the signal has 10 take-profits, the position will close 10% at each level

The take-profit prices are taken from the signal, but the position size distribution is calculated automatically.

This mode is useful if you want equal profit-taking regardless of how the signal provider distributes volumes.

Volume Only

In this mode, the user defines the volume allocation, while take-profit prices are taken from the signal.

You can set one or multiple take-profits and define the percentage of the position for each.

If the user defines more take-profits than exist in the signal, the remaining volume will close at the last take-profit from the signal.

❗ Please note:

When modifying take-profits, it is important to consider:

  • leverage used in the signal

  • overall risk of the trade

  • expected exit strategy

Custom take-profit settings can significantly affect the outcome of the trade.

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