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Multiple stop loss targets are a feature that allows you to partially exit your deal at different stop loss levels. Although not as popular as multiple take profit targets, there are some scenarios for which this feature is worth considering.

One such scenario is, for example, when you create a Smart Sell terminal deal that is already in profit. You would like to hit a take profit target, but at the same time, you would like to gradually exit the position if the market starts moving against you. 

Enabling multiple stop loss targets in Gainium

You can find this option under Stop Loss settings.

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Please keep in mind the following: 

  • Multiple stop loss targets are incompatible with move stop loss and trailing stop loss.
  • If DCA Mode is enabled, stop loss targets are calculated from the average position size.

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