Multi Take-Profits Orders

Multi Take-Profit Orders

The Multi Take-Profit (TP) feature lets you secure profits in stages by setting several price targets for your positions. Instead of selling your entire position at a single price, you can split it into portions and close them at different profit levels. This allows you to lock in gains progressively while leaving some of your position open to benefit from potential further price increases.

By using Multi Take-Profits, you can strike a balance between securing profits early and maximizing returns if the asset continues to perform well.


How Multi Take-Profit Orders Work

When you enable Multi Take-Profit on a trade, you define multiple profit percentage levels at which parts of your position will be sold automatically.

For example, you could sell:

  • 25% of your position when the price is 5% above your entry point.

  • Another 50% when the price is 10% above entry.

  • The remaining 25% when the price is 20% above the entry.

This staged approach helps you:

  • Capture profits gradually

  • Reduce risk as the trade progresses

  • Stay in the market longer without fully committing your position to a single exit point.


Configuring Your Multi Take-Profit Orders

Two main factors define each TP target:

  1. Target Percentage The price increase (from your entry price) at which the TP order will trigger. Example: If you set a TP target of 10% and bought an asset at $100, the order will trigger when the price reaches $110.

  2. Sell Amount The portion of your position to sell at that TP target, expressed as a percentage of your total position. Example: If you set the sell amount to 50%, half your position will be sold when the price reaches that target.

You can set multiple targets in one trade — for example:

  • Target 1: +5% price → Sell 25% of position

  • Target 2: +10% price → Sell 50% of position

  • Target 3: +20% price → Sell 25% of position


Example

Let’s say you buy 1 BTC at $20,000 and configure three TP targets:

  • TP 1: +5% (Sell 0.25 BTC at $21,000)

  • TP 2: +10% (Sell 0.50 BTC at $22,000)

  • TP 3: +20% (Sell 0.25 BTC at $24,000)

As the price rises and each target is reached:

  • You secure part of your profits early.

  • You still have some positions open in case the rally continues.


How to Set Up Multi Take-Profit Orders

Multi Take-Profit orders can be set up on the:

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