When to take profit ?
The procedure of using the strategies is as follows: enter the position as the indicator recommends, then close about 70% of the position into profit on the TP 1-2-3. After that, move the remainder of the position to breakeven (BE) or slightly lower than the entry point and take profit as it grows.
- 1 ТP = 0.5% - close 25% of position
- 2 ТP = 1% - close 25% of position
- 3 ТP = 1.5% - close 25% of position
- 4 TP = 2% - close 15% of position
- 5 TP = 5% - close 10% of position
Accuracy TP 1-2-3 more, than TP 4-5. Consider this !