Yes, you can easily select one TP from your forex signal provider. In forex TP management is another key factor in risk management. If your forex signal provider sends multi-TPs, and you want to take only TP2 or TP3, TP4, and TP5, or even only TP1, ignoring the others, here is how to do that!
If you are using FIXED LOT Mode:
- Select the TP you want to take (Here’s an example of taking only TP2 but ignoring tp1, tp3, tp4 and tp5)
- Input the preferred fixed lot size in Risk TP2 field &
- Input -1 in the TP1, TP3, TP4, TP5 to ignore.
If you are using Dynamic (money amount) Lot Mode:
- Select risk mode to Dynamic (money amount) Lot and then the TP you want to take. (Here’s an example of taking only TP2 but ignoring tp1 and tp3, tp4 and tp5)
- Input the preferred money amount in Risk TP2 field &
- Input -1 in the TP1, TP3, TP4, TP5 to ignore.
If you are using Dynamic (% of balance) Lot Mode:
- Select risk mode to Dynamic (% of balance) Lot and then the TP you want to take. (Here’s an example of taking only TP2 but ignoring tp1 and tp3, tp4 and tp5)
- Input the preferred risk percentage in Risk TP2 field &
- Input -1 in the TP1, TP3, TP4, TP5 to ignore.
That’s it, you are good to go!
Do you want to know more details about the EA setup? Check our resources down below-
Can I set my predefine SL & TP pips in TSC?
How to set my targeted pips to close half trade & move SL to entry?
Can I set multiple strategies per channel in TSC?
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