question about split take profit

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Sorry, in MT5 if I open a trade, can I automatically set 3 take profits with the total lot size proportionally split across the three take profits? For example: 30% on the first TP, 40% on the second, and 30% on the third. Can the platform handle this by itself, or do I necessarily need to use an Expert Advisor?
 
Stefano Cerbioni: Sorry, in MT5 if I open a trade, can I automatically set 3 take profits with the total lot size proportionally split across the three take profits? For example: 30% on the first TP, 40% on the second, and 30% on the third. Can the platform handle this by itself, or do I necessarily need to use an Expert Advisor?

No, the MetaTrader application does not have such a function. Your options are:

  • Place 3 separate orders, each with a different take-profit, and the appropriate partial volume, or ...
  • ... use an EA to manage the single position an apply partial close at each appropriate take-profit level
 
Thanks, I hope that in the future they will add a 'modify existing trade' function so that it’s possible to set multiple different take profits. I don’t think it would be that difficult to implement
 
Stefano Cerbioni #: Thanks, I hope that in the future they will add a 'modify existing trade' function so that it’s possible to set multiple different take profits. I don’t think it would be that difficult to implement
Many have asked for that over the years, but MetaQuotes has never implemented it. I think the reason is because it can be easily done with a MQL utility, and there are in fact many available in the Market, and maybe even in the CodeBase.
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