Users can close any position on a profit or loss using specific crossing conditions obtained from a user-selected external source and/or by using our builtins exits. Exit conditions can be enabled in the EXIT CONDITIONS settings section.

​
External Exits

​
Exit Take Profit

Long/Short take profits exit conditions will exit a long or short position when a set condition is met such that the position exits 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 exit conditions will exit a long or short order when a set condition is met such that the position exits 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.

​
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 price data to be used. The following placeholders are supported:
  • open : Opening price
  • high : High price
  • low : Low price
  • close : Closing price
  • hl2 :
  • ohlc4 :
  • hlc3 :
  • hlcc4 :

​
Builtins Exits

Built-in exits are included for the selected signal algorithm, these are the same as the ones present in the Signals & Overlays® toolkit and can be used in the Backtester to exit positions.
Built-in exits will always exit a position on a profit.

​
Time Exits

Time exits allow users to exit trade at 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 on the chart symbol.

​
Exit On Signal

Enabling the Exit On Signal setting will close any position once a new confirmation or contrarian signal is generated (if enabled).

​
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 exits, with reduced exposure each time an exit is triggered.