Order Settings

Basic Order Settings
Take Profit Type     What type of Take Profit calculation will be used. Risk Based (default) - Will use the Risk to Reward Ratio below to calc...
Tue, 15 Mar, 2022 at 4:56 PM
Trailing Take Profit
Trailing Take Profit (TTP) is a way to maximize profits on a trade by reaching a trigger value that will then follow the price up / down rather than exiting...
Sun, 6 Mar, 2022 at 4:27 AM
Percent Based Order Settings
Percent Based Order Settings are only used if Take Profit Type or Stop Loss Type are set to "Percent Based". This will calculate yo...
Sun, 6 Mar, 2022 at 7:16 AM
ATR Order Settings
The ATR (Average True Range) is a useful way to calculate stop loss and take profit triggers. This is because it attempts to base your targets on the volati...
Wed, 9 Mar, 2022 at 10:28 PM
Quantity Order Settings
Quantity Calculation Type  Risk Based (default) Uses the Stop Loss value, Risk Percent Equity value, and current equity to calculate the quantity ...
Tue, 7 Jun, 2022 at 10:31 PM
Scaling Exits
Additional Profit Exits will take profits off a winning trade at various levels between the entry price and the take profit target. Prism Strategies pro...
Wed, 9 Mar, 2022 at 10:30 PM
Martingale Order Settings
The Martingale system is a system of investing in which the dollar value of investments continually increases after losses, or the position size increases w...
Mon, 6 Jun, 2022 at 10:54 AM