Defines the maximum Take Profit distance allowed on the Slave.
If the copied or calculated Take Profit is larger than this value, it will be reduced to respect this maximum.
The entered value is interpreted according to the selected option:
% of entry price: The maximum Take Profit distance is calculated as a percentage of the Slave entry price. Example: if the Slave entry price is 1.2000 and the value is 1, the Take Profit can be maximum 1% of 1.2000 away from the entry price.
cash amount: The maximum Take Profit distance is calculated so the targeted profit does not exceed the entered money amount. Example: if the value is 50, the Take Profit will be limited so the estimated profit does not exceed about 50 in the Slave account currency.
pips: The maximum Take Profit distance is set directly in pips from the Slave entry price. Example: if the value is 20, the Take Profit can be maximum 20 pips away from the Slave entry price.
price decimal: The maximum Take Profit distance is set as a raw price distance. Example: on EURUSD, if the value is 0.0010, the Take Profit can be maximum 0.0010 away from the entry price.
How to set Maximum TP
Please click Copy Settings
Click Adv. Settings
Go to Position Management tab
Define the Maximum TP value and select from the dropdown options (% of entry price, cash amount, pips, price decimal)