Exits
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Exits

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Article summary

Trade Exits Overview:

This section in indicator settings is where trade exits are configured:

The following configurations and alerts are available by tier:

 

BASIC

LITE

CORE

PRO

 

 

 

 

 

EXITS 

 

 

 

 

RR

 

Single Exit

Single Exit

Up to Three Partial Exits

Opposite Signals 

 

 

Any Opposite Signal

Any or Valid Opposite Signals Only

Closest untested HTF POIs

 

 

 

Range Extremes

 

 

 

Combination of exit types

 

 

 √

 √

Important Note: If multiple exit types are enabled, then the system will alert you to an exit when the FIRST exit criteria is met.


R:R Based Exits (SINGLE EXITS):

TIER AVAILABILITY: This option is available in LITE, CORE and PRO

Enter a fixed Risk to Reward Ratio in this setting for the indicator to alert you to exit when price reaches this target.

Example 1:

  • Confirmed Bullish HTF SFP

  • Confirmed Bullish LTF MSS

  • Entry Mode: MSB Level enabled

  • Trade Risk = 1.1% (price variance between entry and stop)

  • Trade active (limit entry hit)

  • R:R set to 2

In this example, the system will generate an exit alert when an active trade achieves a 2.2% increase in price from entry. Trade Labels also include take profit targets:

Example 2:

  • Confirmed Bearish HTF SFP

  • Confirmed Bearish LTF MSS

  • Entry Mode: MSB Level enabled

  • Trade Risk = 1.6% (price variance between entry and stop)

  • Trade active (limit entry hit)

  • R:R set to 2

In this example, the system will generate an exit alert when an active trade achieves a 3.2% decrease in price. Trade Labels also include take profit targets:


R:R Based Exits (PARTIALS):

TIER AVAILABILITY: This option is available in PRO

You can set up to three partial exits at fixed R:R points. Enter the percentage exit of each partial in the boxes to the left and at what R:R in the boxes to the right.

Partials can be used with other exit types or stand alone.

If being used stand alone, then the total percentage of the partials needs to add up to 100%.

If being used in conjunction with another exit type (Range Extremes / HTF POIs / Opposite Signals), then the total does not need to add up to 100% and the balance will be assigned to the other exit types being used

EXAMPLE: If set to 25% exit at 1R, 50% exit at 3R, “Exit at Valid Opposite Signal” and “Range Extremes” are enabled:

- If TP1 and 2 are hit, then the system will exit the balance on a valid opposite signal, Untested Range Extreme or Stoploss (whichever comes first).

- If TP1 is hit and an opposite signal prints before TP2, the entire balance will exit (the system will ignore TP2)

- If no RR TP is hit and a price comes into a Range Extreme exit, the entire position will be closed.

Example:

Set to:

30% at 3R

60% at 10R

“Any Opposite Signal” enabled


Opposite Signals:

TIER AVAILABILITY: This option is available in CORE and PRO

When enabled, exits signals will fire when a opposite trade setup is confirmed.

There are two options available for opposite signals:

  1. Any Opposite Signal: If enabled, exits will occur on any opposite signal (valid or invalid)

  2. Valid Opposite Signals only: If enabled, exits will occur only on valid opposite signals

As there is no fixed targets, trade labels will not include TP targets:


At closest Untested HTF POI:

TIER AVAILABILITY: This option is only available in PRO

When enabled, exits alerts will execute when price comes into an enabled untested HTF POI (OB/Breaker/FVG/Liquidity level).

Important notes:

  1. HTF POIs need to be enabled for this exit system to work. If only OBs are enabled, then the system will look to exit at untested OBs. If ALL HTF POIs are enabled, then the system will exit at the FIRST untested POI that price tags after a trade entry.

  2. Untested Range Extremes are included in HTF POIs and do not need to be enabled separately. If a range extreme has already been tested then the system will target the highest high or lowest low present beyond the extreme of a valid range

  3. If an untested OB is available at point of trade entry, trade labels will include a TP level. If there are no untested POIs, then no TP level will display in trade labels and the trade will exit as soon as a fresh HTF POI is created and tested.


Range Extreme Exits

TIER AVAILABILITY: This option is only available in PRO

When selected, exits alerts will execute when price reaches an untested HTF range extreme. If a range extreme has already been tested then the system will target the highest high or lowest low present beyond the extreme of a valid range (See example below)



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