Unrealized PNL Per Trade
A per-trade loss limit — like a kill switch for each individual trade.
Unrealized Loss Per Trade limits the loss on each individual trade — like a kill switch, but per-trade instead of daily. Useful when your stop is set by candle size (which can expose bigger risk) or when adding to a position.
Note that this only looks at the UNREALIZED PNL. Having multiple targets can affect the unrealized PNL. See examples below.
Uses a static Unrealized Profit or Loss Limit. Whenever your unrealized PNL limit reaches this threshold, it will exit the trade.
You can trail your unrealized Loss Per Trade. Choose when you start trailing your 'Loss/Stop out'.
Once triggered, it will create a drawdown from the highest unrealized PNL achieved. You can only retrace from the highest unrealized PNL, the amount defined as your losss per trade.