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Digital Cease Loss and Take Revenue: The way to Conceal Cease Loss and Take Revenue from Your Dealer?

Digital cease loss and take revenue are value ranges tied to an order (place). When the present value touches these ranges, the place can be closed. Digital stops carry out the identical capabilities as common stops, they can help you repair a loss and revenue.

What are digital Cease Loss and Take Revenue for?

The one function of digital cease loss and take revenue is to cover them from the dealer. The dealer doesn’t see digital Cease Loss and Take Revenue and due to this fact will be unable to knock them out by manipulating the value.

Why does the dealer not see digital Cease Loss and Take Revenue?

Cease loss and take revenue (let’s name them actual sl and tp) are saved on the dealer’s buying and selling server and are executed by the buying and selling server. Accordingly, the dealer is aware of the placement of the cease loss and take revenue. Digital Cease Loss and Take Revenue are saved within the panel and are executed by the panel. The panel itself displays the present value, and if the value touches the digital Cease Loss or Take Revenue, the panel itself will shut the place.

How do I open an order or place with a Digital Cease Loss and Take Revenue?

1️⃣ Verify the field for Digital SL and TP,

2️⃣ Open an order or place.

The way to edit digital cease loss and take revenue?

1️⃣ Use strains digital cease loss and take revenue:

✅ Transfer the road to vary the digital cease loss or take revenue value,

✅ Delete the road to take away the digital cease loss or take revenue,

2️⃣ Or use the Order Management Panel:

How do I set digital stop-loss and take-profit for all positions on the similar value degree?

1️⃣ Verify the “Digital SL and TP” field.

2️⃣ Click on the “Promote SL TP,” “Purchase SL TP,” or “All SL TP” button (relying on the place sorts you wish to apply this function to).

3️⃣ Transfer the label that seems on the chart to the specified value.

4️⃣ Click on the “Edit” button.

✅ To take away digital Cease Loss and Take Revenue for all positions, click on the “All SL TP = 0” button.

The way to set a digital Cease Loss on the breakeven degree of every place?

1️⃣ Verify the “Digital SL and TP” field.

2️⃣ Enter the gap between the place opening value and the value at which the digital cease loss can be set, or depart it at 0.

3️⃣ Click on the “Breakeven” button.

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