Set up single and multi-target take profit

In AI Strategy Studio, our AI makes setting price targets and scaling out of a trade simple and accurate: you can use the target levels calculated by 4CastMachine AI or ask the AI Trading Assistant to arrange your profit-taking steps by risk-to-reward ratio. In the Take Profit setup window, you can define a single target or split your trade across up to five step-by-step targets (TP1, TP2, TP3 to TP5).

Choose a take profit method and multi-target exit

Click the green Take Profit part in the Build tab to open the take profit setup selection list (click ‹ The strategy anytime to return to the full strategy page). When you pick or build a take profit setup, the following target methods are available:

• 4CM-AI target: places your take profit targets directly on the forecast target levels of 4CastMachine AI (from TP1 to TP5).

• R multiple (R): sets each target as a multiple of your initial stop loss distance (such as 1.5R, 2R or 3R).

• Distance / ATR: a fixed distance in pips, percentage of price, a multiple of current-timeframe ATR(14) or a multiple of the daily average range ATR(264, D).

• Recent high / low: places the target at the recent market swing high or low.

Split your trade size across targets

1. In the first row (TP1), choose the target calculation method and the percentage of position size to close.

2. Click + Add target to add further steps until the percentages add up to 100%.

3. Save the take profit setup and view the green TP1, TP2 and TP3 lines on the chart in the Build tab. Move your mouse anytime to adjust the target lines directly on the chart.

Related guides

• Build your first strategy from your trading style

• Set up your entry and stop loss

• Move your stop to break-even and trail price

• Set your risk per trade and calculate position size