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Commerce Dashboard: Breakeven Choices

You possibly can set the dashboard to mechanically breakeven your place when it attain to sure degree of distance. 

  1. Activate Automated Breakeven 
  2. BE Begin: The space from open value that breakeven operate prompts and transfer cease loss to lock revenue level. You possibly can set this distance primarily based on Level, RR, %TP or Partial TPs.
  • Level: when you select the purpose mode, that you must set the gap primarily based on level or no matter measure mode you set within the settings.
  • RR: when you select BE mode as RR, then the gap for BE begin is calcualted primarily based on RR which is your cease loss measurement, for instance when you select RR mode and set BE begin to 1 and your cease loss is 200 pt, then the dashboard will breakeven your commerce when it reaches to 200 pt of revenue, logically your cease loss should not be zero so as to use this mode. 
  • %TP: when you select BE mode as %TP, then your BE begin is a proportion of your TP measurement. logically your take revenue should not be zero so as to use this mode. 
  • Partial TP: In case you select BE mode as Partial TP then you may set the gap as your partial TP ranges, for instance when you set it at TP1, then the dashboard will breakeven your commerce when it reaches to your TP1 degree.
  • Lock Revenue: It’s the distance between open value and new cease loss value when it strikes your cease loss. One other phrase, this quantity of distance will probably be safe when breakeven prompts. Lock revenue may very well be set primarily based on level or RR or %TP.
  • Lock Revenue to Cowl fee: In case you press this button then your lock revenue quantity will probably be mechanically set in a technique to cowl fee charge if cease loss is hit.
  • Apply to All: Urgent this button, the EA, applies  your breakeven settings to all trades beneath the management of the dasbharod.
  • Apply to Chart Image: Urgent this button, the EA applies your breakeven settings solely to trades of the present chart image.
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