Can I configure multiple Smart TP rules per trade?

Yes, you can configure multiple Smart TP rules, but with some important details regarding scope and application in MagicTradeBot.

๐Ÿง  How Smart TP Rules Work

  • Rules are global or template-based

    • Applied across all symbols or trades that are active under the loaded template
    • Currently, you cannot assign separate Smart TP rules to individual symbols
    • All rules defined in TakeProfitRules will be evaluated for every trade

Example:

TakeProfitRules:
  - TargetProfitPer: 6
    SellPer: 40
    RuleName: "Partial TP 1"
    IsEnabled: true
    EnableSmartTP: true
    TrailingGapPer: 2
    MinProfitLock: 4
    UseDynamicGap: true

  - TargetProfitPer: 12
    SellPer: 60
    RuleName: "Partial TP 2"
    IsEnabled: true
    EnableSmartTP: true
    TrailingGapPer: 3
    MinProfitLock: 6
    UseDynamicGap: true
  • Rule 1 triggers first at 6% profit โ†’ sells 40% of the position
  • Rule 2 triggers next at 12% profit โ†’ sells remaining 60%
  • Both rules apply to all trades, as symbol-specific configuration is not available before v4.9

๐Ÿ”„ Execution Logic

  1. Prioritization:

    • Rules are executed based on ascending TargetProfitPer
    • Lower profit targets are executed before higher ones

  2. Partial vs Full TP:

    • Partial TP rules (SellPer < 100) allow gradual position scaling out
    • Full TP rules close the remaining position once target is reached

  3. Smart TP Behavior:

    • Each rule can independently apply trailing logic via TrailingGapPer and UseDynamicGap
    • Works together with MinProfitLock to secure profits

๐Ÿ“Œ Key Points

  • Multiple Smart TP rules can coexist for the same trade
  • Rules are global/template-based, not symbol-specific (pre-v4.9)
  • Ideal for staggered profit-taking and maximizing gains across all trades
  • Compatible with partial TP, trailing, and dynamic gap features

๐Ÿ“Ž Related Topics