Profit Target(s)

In this section we can define our Profit Targets. How we can customize them to be set exactly where we need. All orders entered with the Predator will share the same order management selected here. That goes for both, your manual and Auto entries.

Note that in order to enter a trade, atleast one profit target must be checked. If you wish to enter a trade but have NO profit target. Simply check the box and select ‘No_Profit’ from the drop down.

We can select up to 3 different profit targets with the Predator. Each can have a different style and a different position size.

Tick_Profit:
⤷ Sets your target based on X number of ticks from your Entry price.

RR_Profit:
⤷ Your profit target is calculated based on the distance between your entry and stop price. It will multiply this number by your RR Target and set your target based on that distance.
⤷ Example: 1RR = 1:1, 2RR = 2:1
⤷ It will help maintain consitent RR on every trade.

ATR_Profit:
⤷ Takes current ATR value and multiplies it by the multiplier. Sets your profit target to this distance from the entry price.

No_Profit:
⤷ Use to enter with that Target but not set an actual limit order profit target.
⤷ Mainly used to have a runner that will keep going until it is stopped out.

Video below will show examples of each.