Important notes!
If you have a bot with 1 Take profit target, you can edit it and add more targets if the Base order size is big enough.
If you set the size of the Base order too small to divide it between at least two Take Profit targets, you will not be able to add the second step:
How to enable Multiple Take Profit in the old interface (BETA is off)?
1. Start to create a DCA bot as usual
This article will help you with that:
Advanced DCA bot interface and main settings
2. In the Take profit section, add up to 4 Take Profit steps
3. Adjust the Target profit and the volume per each trade
Initially, the Take profit sizes per step are automatically set as equal. If you, for example, manually set the size of the 1st take profit target and then enable 2nd, 3rd and 4th targets, the remaining volume will be equally spread between these 3 targets.
So, by default, 100% of funds are spread between targets. If you manually set the total take profit size to less than 100%, then you will see the warning message:
4. Enable Trailing feature if needed
It works the same as for SmartTrade, and the trailing option will be applied only to the last Take Profit target. The last target with trailing will become a Market order while other targets will remain limit orders.
5. Check the target settings in the Assistant table
That's it! After the deal is started, you will see the targets on the deal's status line:
As you can see on the screenshot:
executed take profit targets are marked as "Finished";
not executed Take profit targets without Trailing feature (Limit orders) are marked as "Placed";
Take profit with the Trailing feature is marked as "Pending"—this is a Market order and cannot be placed on the exchange's order book, so it waits for the price to reach its level to start Trailing and will be closed at market price immediately.
You can also later close any or all of the take-profit orders at the market price at any time.
Also, you can Edit the active DCA bot's deal and add as many Take profit targets, as the Base order size allows to. Edit button is not available for deals with Deal close conditions (read more here).
How to enable Multiple Take Profit in the new interface (BETA is ON)?
1. Start creating a custom DCA bot using the new DCA launcher interface
This article will help you with this:
2. On step 4/4, find the Teke profit section
3. Click on Add target profit 2/4
4. Adjust the Target profit and the volume per each trade–
Initially, the Take profit sizes are automatically set as equals per step. If you, for example, enable all 4 targets and manually set the size of any of these take profit targets, then the remaining volume will be equally spread between the other targets.
So, by default, 100% of funds are spread between targets. And if you manually set the total take profit size to less than 100%, then you will see the warning message:
5. Enable Trailing feature if needed
It works the same as for SmartTrade, and the trailing option will be applied only to the last Take Profit target. The last target with trailing will become a Market order while other targets will remain limit orders.
6. Check the target settings in the Calculation tab
That's it! After the deal is started, you will see the targets on the deal's status line:
As you can see on the screenshot:
executed take profit targets are marked as "Finished";
not executed Take profit targets without Trailing feature (Limit orders) are marked as "Placed";
Take profit with the Trailing feature is marked as "Pending"—this is a Market order and cannot be placed on the exchange's order book, so it waits for the price to reach its level to start Trailing and will be closed at market price immediately.
You can also later close any or all of the take-profit orders at the market price at any time.
Also, you can Edit the active DCA bot's deal and add as many Take profit targets, as the Base order size allows to. Edit button is not available for deals with Deal close conditions (read more here).
FAQ
If I enable the Trailing feature, will it apply to all Take profit targets?
No, the Trailing feature will be applicable only to the last Take profit target.
If my bot uses Safety orders, will all Take profit targets be moved along with Safety orders execution?
Yes, all Take profit targets will be moved towards the average price after the Safety orders are executed.