๐ Sensible Take Revenue Administration โ Moddify_TP
Moddify_TP is an clever device for maximizing revenue on energetic trades ๐น.
๐น As an alternative of closing trades with a hard and fast TP, it dynamically raises TP in line with market momentum to seize most potential revenue in robust tendencies.
๐ 1๏ธโฃ How It Works
When a place strikes into revenue ๐ต and the market continues favorably ๐, the system prompts
TP is elevated step-by-step till:
Market reveals reversal or slowing down ๐
TP is hit and commerce closes at max acquire. ๐
TP_RSI_OBOS AI logic determines optimum exit factors primarily based on RSI overbought/oversold alerts ๐ค
โ๏ธ 2๏ธโฃ Key Parameter
ModifyTPNum ๐ง
Max variety of trades that may be modified by Moddify_TP concurrently
Instance: 3 โ solely high 3 trades (by revenue or order time) get TP dynamically adjusted
Controls danger and focuses on strongest trending trades
๐ 3๏ธโฃ Logic Stream
1๏ธโฃ Commerce enters revenue (+20 pips)
2๏ธโฃ System checks:
โ Is market momentum nonetheless robust? ๐ช
โ Is that this commerce inside ModifyTPNum? โ
3๏ธโฃ If sure โ TP is moved larger (+30 โ +40 pips)
4๏ธโฃ If momentum continues โ TP is modified once more (+50 pips)
5๏ธโฃ If momentum weakens or RSI alerts reversal โ TP stays or exit triggered ๐
๐งช 4๏ธโฃ Sensible Instance
Settings: ModifyTPNum = 2๏ธโฃ
State of affairs:
โ 4 trades in revenue
โ Solely 2 trades get dynamic TP enhance
โ Different 2 trades hold authentic TP
โ RSI alerts could shut trades early to lock in revenue ๐ต
๐ฏ 5๏ธโฃ Advantages
๐ Captures most revenue in trending markets
โฑ๏ธ Prevents untimely exit with small earnings
๐ Adapts dynamically to real-time market habits
๐ค Works with Trailing Cease or Break-Even techniques
๐ง Improves exit precision through momentum + AI RSI alerts (TP_RSI_OBOS)
๐ 6๏ธโฃ Greatest Practices
๐ข Use low ModifyTPNum (1โ2) for small accounts
๐ Greatest in robust trending markets; restrict or disable in uneven/ranging situations
โก๏ธ Mix with ATR, Value Motion, Momentum, TP_RSI_OBOS for optimum dynamic TP