TP/SL

Step 1: Open the TP/SL Panel

• On the Order Panel, check the TP/SL box to activate the settings.

• A pop-up window labeled Add TP/SL will appear.

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Step 2: Select Trade Type

• Choose between Long or Short depending on your trade direction:

  • Long: You expect the price to go up.

  • Short: You expect the price to go down.

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Step 3: Set TP and SL for Long

• If you're going Long:

  • Take Profit (TP): Set a price above the current price to lock in profits (e.g., 97,000 if the price is 96,595.20).

  • Stop Loss (SL): Set a price below the current price to limit losses (e.g., 96,000 if the price is 96,595.20).

  

What it does:

• TP ensures your trade closes automatically when the target profit is reached.

• SL protects your capital by exiting the trade if the price drops too much.

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Step 4: Set TP and SL for Short

• If you're going Short:

  • Take Profit (TP): Set a price below the current price to lock in profits (e.g., 95,000 if the price is 96,595.20).

  • Stop Loss (SL): Set a price above the current price to limit losses (e.g., 97,200 if the price is 96,595.20).

  

What it does:

• TP closes the trade when the price hits your profit target.

• SL stops the trade if the price rises too much, minimizing losses.

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Step 5: Confirm Your Settings

• After entering the TP and SL values, click the Confirm button to save.

• A summary of your TP/SL will appear on the Order Panel before executing the trade.