Multi-Tier Partial Take-Profit
Bank realized profits across multi-level price targets while preserving runner positions for trend continuation.
What It Does
ChartWise allows pre-defining layered profit zones on your phone. When price crosses your TP zones, ChartWise handles fractional volume execution automatically.
How It Works in ChartWise
- Choose the 2-level preset (50/50 at 20 and 40 pips), the 3-level preset (50/30/20 at 15, 30 and 45 pips), or build custom tiers.
- Link with Auto BE: Automatically move SL to breakeven after TP1 is secured.
- Quick closes are hold-gated: press and hold
CLOSE 1/2orCUSTOM CLOSE. The hold-to-confirm gate keeps an accidental tap from cutting a position.
Settings & Configuration Options
| Tier | Volume % | Trigger Target | Action |
|---|---|---|---|
| Tier 1 (Base Bank) | 50% | +15 Pips | Close half volume, snap SL to BE. |
| Tier 2 (Core Target) | 30% | +30 Pips | Lock in majority gains. |
| Tier 3 (Trend Runner) | 20% | +45 Pips / Trailing Stop | Final preset level, or trail the remainder with ATR or Structure. |
When to Use It
- Trend Trading: Ensuring you never give back profits when a trend pulls back.
- Prop Firm Risk Management: Building closed-equity cushions.
"The secret to consistent profitability is banking profits methodically while letting runners compound."
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