Take Profit (ProfitFactor/SmartTakeProfit/Buffer/Price)

Take Profit Type: Set your profit level and when the market reaches that level, ARYA will secure your gains and exit the trade.

  • Profit Factor: You can place your Take Profit according to a Profit Factor. A Profit factor is the amount you can gain in relation to the risk you take. Choose a factor between 1 and 25 in the Profit Factor field and ARYA will calculate the Take Profit accordingly.

Example: If you risk 0.5% per position with a Profit Factor of 2, you will be risking 0.5% of your capital to potentially gain 1%. If you enter a trade with a Profit Factor of 3, the same logic applies except that you will be risking 0.5% of your capital to potentially gain 1.5%.

  • Smart Take Profit: According to the Profit Factor you select, ARYA will detect the next appropriate Pivot Point, Resistance, or Support level defined in the Smart Take Profit field. ARYA will place the Take Profit at that level.
  • Price: Enter a value in the Take Profit Price field and ARYA will place the Take Profit at that exact price. When the market reaches that price ARYA will secure your gains and exit the trade.

Profit Factor: Choose a factor between 1 and 25 and ARYA will calculate the Take Profit accordingly.

Smart Take Profit: choose the technical level you want ARYA to detect to place your Take Profit.

  • Automatic: ARYA will automatically place the Take Profit on the most appropriate level detected (a Pivot Point, a Resistance, or a Support level).
  • Pivot: ARYA will place the Take Profit on the next appropriate Pivot Point detected.
  • R1 – R5: Choose from 5 resistance levels and ARYA will place the Take Profit there. See Resistance 1 to 5 on the right side of your chart when using ARYA_Template 1.
  • S1 – S5: Choose from 5 support levels and ARYA will place the Take Profit there. See Support 1 to 5 on the right side of your chart when using ARYA_Template 1.

Smart Take Profit Buffer: When using the Smart Take Profit, input a value here and ARYA will be able to shift your Take Profit by that number of points above the technical level you ask ARYA to detect (if a BUY trade). If a SELL trade, ARYA will shift the Take Profit by that number of points below the technical level you ask ARYA to detect.

Take Profit Price: Enter the price value at which you want ARYA to position the Take Profit.

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