> ## Documentation Index > Fetch the complete documentation index at: https://docs.luxalgo.com/llms.txt > Use this file to discover all available pages before exploring further. # Exit Conditions Users can close any position on a profit or loss using specific crossing conditions obtained from external sources. Exits conditions can be enabled in the **EXIT CONDITIONS** settings section. Oscillators are intended to be used as external source when it comes to TP/SL conditions, but users can directly create scripts returning scaled outputs from overlay indicators. ### Exit Take Profit Long/Short take profits exits conditions will exit a long or short position when a set condition is met such that the position exit on a profit. Take profits conditions are triggered if they are toggled on for a specific order (Long/Short) and if the selected external source is either **Crossing**, **Crossing Up**, or **Crossing Down**, **Greater Than**, **Lower Than**, or **Equal** to the numerical value specified by the user. ### Exit Stop Losses Long/Short stop losses exits conditions will exit a long or short order when a set condition is met such that the position exit on a loss. Stop losses conditions are triggered if they are toggled on for a specific order (Long/Short) and if the selected external source is either **Crossing**, **Crossing Up**, or **Crossing Down**, **Greater Than**, **Lower Than**, or **Equal** to the numerical value specified by the user. ### Time Exits Time exits allow users to exit trade from a specific time of the day. Note that trades are still exited at the opening of the next bar. The timezone is the same as the one of the chart symbol. ### Placeholders Exit Long Take Profit when closing price cross the upper Bollinger band extremity Users who do not wish to use a numerical value to evaluate a condition with an external source may use a placeholder instead, which allows using prices. The following placeholders are supported: * `open` : Opening price * `high` : High price * `low` : Low price * `close` : Closing price * `hl2` : Median price * `ohlc4` : Average price * `hlc3` : Typical price * `hlcc4` : Weighted price ## Exit on Entry Enabling the **Exit On Entry** setting will close any existing position when an entry condition leading to a new opposite position is met. ## Partial Exits Users can exit a percentage of an existing position by specifying a percentage lower than 100%. This can lead to sequential exit, with reduced exposure each time an exit is triggered. ## Only Exit On A Profit Enabling "Only Exit On A Profit" allows only triggering an exit if this exit leads to a profit, effectively preventing any exit that would lead to a loss. This can be useful to increase winrates of strategies. Enabling this setting alongside "Dont allow trades until closed" can prevent any losing trade from being exited, leading to a theoretical 100% winrate without a stop-loss. Do note however that a unprofitable trade can be held for an unlimited amount of time, leading to unrealistic scenarios.