How are multiple take profit rules prioritized?

In MagicTradeBot, when multiple Take Profit rules are defined for a trade, the bot executes them based on the profit percentage targets (TargetProfitPer). This ensures that profits are taken in a logical and sequential order as the market moves in your favor.

๐Ÿง  Priority Mechanism

  1. Profit Percentage First

    • Rules with lower TargetProfitPer are evaluated and executed before higher ones.

    • Example: If you have rules set for 10% and 20% profit:

      - TargetProfitPer: 10  
  SellPer: 40
  RuleName: "Target - Short"
  IsEnabled: true
  EnableSmartTP: true
  TrailingGapPer: 2
  MinProfitLock: 4
  UseDynamicGap: true
- TargetProfitPer: 20  
  SellPer: 100
  RuleName: "Target - Short"
  IsEnabled: true
  EnableSmartTP: true
  TrailingGapPer: 2
  MinProfitLock: 4
  UseDynamicGap: true
    • The 10% TP rule triggers first, selling 40% of the position.
    • The 20% TP rule triggers next, closing the remaining 60% of the position.

  2. Sequential Execution

    • Each rule is evaluated independently, but in ascending order of TargetProfitPer
    • This allows staggered profit-taking, which is especially useful in volatile markets

  3. Partial vs Full Take Profit

    • Rules with partial TP (SellPer < 100) execute first, gradually reducing position size
    • Rules with full TP (SellPer = 100) close the remaining position once higher profit targets are reached

  4. Smart TP Integration

    • If Smart TP is enabled:

      • Trailing logic is applied after the target profit is reached
      • The bot may delay execution until the trailing gap or minimum profit lock conditions are met

๐Ÿ”„ Example Flow

  • Open trade: 1 BTC

  • Take Profit rules:

    1. TargetProfitPer: 10, SellPer: 40
    2. TargetProfitPer: 20, SellPer: 100

Scenario:

  1. Price rises +10% โ†’ Bot sells 0.4 BTC (40%)
  2. Price continues to +20% โ†’ Bot sells remaining 0.6 BTC (100% of remaining)
  3. Smart TP active โ†’ If price pulls back slightly, trailing logic may execute before final closure

This ensures profits are secured incrementally, while still allowing upside potential for remaining positions.

๐Ÿ“Œ Key Points

  • Rules are prioritized by TargetProfitPer (lowest โ†’ highest)
  • Partial TP rules execute first, followed by higher targets or full TP
  • Smart TP can adjust exact execution timing dynamically
  • Sequential prioritization ensures structured and disciplined profit-taking

๐Ÿ“Ž Related Topics