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Breakeven Type

Define when, if, and how your stop moves up to breakeven.

Breakeven Type 4

See the MGMT Tab on the Left hand side to cusotmize your Breakeven parameters.

Breakeven_Manual

Only moves to breakeven when the button on the Chart Trader panel is pushed.

Breakeven Tick / RR / ATR

Automatically moves your stop to breakeven once price travels the set amount into profit. (See the Profit Target section for examples of each calculation.) Example: after entering, once price moves 20 ticks into profit, the stop moves to breakeven.

First Target Breakeven

Automatically moves your stop to breakeven once the first target is hit.

Breakeven Offset

Adjusts your breakeven stop. A positive offset moves the stop a bit more into profit so a winner doesn't turn red; a negative offset gives more room to reduce early stop-outs. Adjust anytime with the (+)/(-) buttons beside the breakeven button. The manual breakeven button can be pushed anytime, even with an auto breakeven type set.

Note: both the BID and ASK must be above your breakeven point before the stop can move up. Also, 'Show Historical Trades' must be OFF while running live or on playback.

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