Profit Lock option with SL & Target Trail

I would like to suggest a Profit Lock feature along with the existing Stop-Loss and Target Trail options.

How it should work:

Once the trade moves in profit and crosses a predefined profit level, the system should lock that profit automatically. This will help protect gains and prevent losses during sudden reversals or retracements.

Important requirement:

Please ensure that the trailing Stop-Loss should never move backward when the market reverses. If the SL trails backward, it defeats the whole purpose of trailing SL and becomes ineffective, as good as not having an SL at all.

This enhancement will make risk management stronger and help traders protect profits more efficiently.

Please authenticate to join the conversation.

Upvoters
Status

In Review

Board
💡

Feature Ideas

Date

3 months ago

Author

ALKESHKUMAR PREMRAJ PARMAR

Subscribe to post

Get notified by email when there are changes.