Scalping works best when you have a clear plan and you execute it consistently. In this example, BTC is consolidating on the 15 minute chart after a sharp move, and we’re looking to catch a bounce from support.
We’ll build a simple trade plan first, then automate it in SmartTrade using:
Limit order entry
Optional Trailing Buy for a better fill
Split Targets for multiple take profits
Stop Loss + move to breakeven
Optional trailing take profit to manage exits if price continues
Trade plan
Using the consolidation structure:
Entry: around 86,900 USDT (mid range / reclaim after support hold)
Stop Loss: around 86,420 USDT (below the local support and wick area)
Take Profit targets:
TP1: around 87,350 USDT
TP2: around 87,600 USDT (top of the range / measured target)
This keeps the plan simple: tight invalidation, take partial profit on the first push, and let the rest aim for the range high.
Important!
Prices/levels here are examples for an educational walkthrough, not a live signal or a trading recommendation.
Do your own research and consider fees/spreads before trading.
SmartTrade setup
Open SmartTrade and select:
Your exchange account
Quote currency (USDT)
Pair (BTC/USDT)
Choose SmartTrade (buy BTC, then sell higher).
1) Create the Entry
Order type: Limit
Price: 86,900
Amount: example $1000 (use your own sizing)
Optional: Trailing Buy
Turn on Trailing Buy if you expect a quick wick down before the bounce.
Use a small trailing value (example: 0.05% to 0.15%). Adjust based on volatility and spread so it doesn’t miss the move.
2) Set Take Profit with Split Targets (multi TP)
Turn on Take Profit, then click Split Targets:
Target 1 (TP1):
Price: 87,350
Close: 70% of position
Target 2 (TP2):
Price: ~87,600
Close: 30% of position
Optional: Trailing Take Profit (applies to the last TP target only)
If price moves beyond TP2, trailing TP can help manage the exit.
Enable Trailing Take Profit
Keep it tight for scalps (example: 0.05% to 0.15%). Adjust based on volatility and spread
3) Add Stop Loss, then protect the trade with breakeven
Turn on Stop Loss:
Stop price: ~86,420
Then enable Move to Breakeven (requires 2+ TP targets):
Once TP1 hits, SL moves to your avg entry (common for tighter risk control)
Result: once you’ve taken partial profit, the remaining position is less likely to turn into a loss (fees and slippage can still apply)
Optional: Trailing Stop Loss
If you want the stop to follow the move after breakeven, enable Trailing Stop Loss for the remaining position
Create and monitor the trade
Click Create Trade, review the confirmation, then confirm. Once live, SmartTrade will manage:
Entry execution
Partial profit taking (TP1 + TP2)
Stop Loss protection
Automatic breakeven logic
That’s the goal: you do the planning once, then let the system execute without emotion.
Reminder
Execution notes: fees, spreads, and slippage can affect fills and when TP/SL triggers.
Minimum order size and tick/step size may cause rounding in order amounts and prices.
Risk warning
Trading is risky.
This example is educational and not financial advice.
Only trade with funds you can afford to lose.
Past performance and examples don’t predict results.