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Breakeven Management ​

The most frustrating experience in trading is watching a winning trade turn into a loser. Breakeven (BE) Management eliminates this by automatically moving your stop loss to your entry price once the trade reaches a profit milestone.

After breakeven activates, if the market reverses, you exit at your entry price plus a small buffer. You lose nothing -- the trade becomes "risk-free."

How Auto-Breakeven Works ​

When a trade hits a designated Take Profit level (configurable, TP1 by default), TTMT automatically modifies the Stop Loss of all remaining open positions for that trade:

  • Original SL: Below entry (risking capital)
  • New SL: Entry Price + Buffer (risk-free)

Configuration ​

You can customize breakeven behavior in Settings > Strategy.

Trigger Level ​

Choose which TP hit activates the breakeven:

SettingBehavior
After TP1 (Default)Most conservative. Secures the trade after the first target is hit.
After TP2Gives the trade more room to breathe before securing.
After TP3-TP6Advanced options for strategies requiring deeper profit confirmation.
Disabled (0)Breakeven only triggers from manual channel commands (e.g., "Move SL to BE").

Breakeven Buffer ​

The SL is not moved to exactly the entry price. It is moved slightly beyond entry to cover trading costs:

  • Default: +2 pips above entry (BUY) or below entry (SELL)
  • Purpose: Covers spread, commission, and swap fees so the trade is truly net-zero or slightly positive
  • Configurable: Adjust in Settings > Strategy > Breakeven Offset

Before vs. After Breakeven ​

Key Point

After breakeven activates, if price reverses and hits your new SL, you exit at entry + buffer. You lose nothing (and often cover spread/swap costs). The trade becomes risk-free.

The 4 Breakeven Paths ​

TTMT has four independent ways to trigger a breakeven move. This redundancy ensures your trade is protected even if one method encounters an issue. This redundancy ensures your trade is protected even if one path encounters an issue.

1. TP Hit (Automatic) ​

The primary path. When When TTMT detects that a position has closed at its TP level, it automatically triggers breakeven for all remaining positions if the TP meets the configured trigger level.

When: TP1 (or configured trigger) fills via broker execution.

2. Signal Command (From Your Channel) ​

When a signal provider sends a breakeven instruction (e.g., "Move SL to Entry", "Set BE"), TTMT recognizes the command and applies the breakeven immediately.

When: Parsed signal contains a breakeven instruction.

INFO

This path executes even if TP1 has not been hit yet, keeping you in sync with the signal provider's strategy.

3. Background Safety Net ​

TTMT periodically checks for trades that should have breakeven applied but do not. This catches edge cases where the primary path failed due to network issues or timing problems.

When: A background check finds a trade with a filled TP trigger but no breakeven applied.

4. Unified Breakeven Action ​

A shared mechanism that all the methods above use internally to apply the actual breakeven change. This ensures consistent behavior regardless of how breakeven is triggered.

When: Any path needs to apply breakeven through a standardized interface.

Verification Timeout ​

After modifying the stop loss on the broker, After adjusting the stop loss, TTMT verifies the change was applied correctly. If the broker did not accept the change (due to latency, requotes, or connection issues), TTMT retries automatically.

This timeout accounts for broker latency, requotes, and temporary connection issues.

Trailing Stop ​

TTMT supports trailing stops as a complement to breakeven. While breakeven locks your SL to a fixed point (entry + buffer), a trailing stop follows price as it moves in your favor, locking in progressively more profit.

How Trailing Stop Works ​

  1. Activation: When enabled in Settings > Strategy, the trailing stop activates after breakeven triggers.
  2. Distance: The SL trails behind the current price by a configurable number of pips.
  3. Direction: For a BUY trade, the trailing SL only moves up (never down). For a SELL trade, it only moves down (never up).

Server-Side Execution ​

Trailing stops run directly on your broker's servers, not on the TTMT platform. This means:

  • The trailing stop continues to work even if your TTMT connection drops.
  • Execution is handled by the broker's infrastructure for maximum reliability.
  • Once activated, the trailing stop keeps working even if TTMT goes offline.

Reliability ​

TTMT saves your trailing stop settings before activating them. This ensures your configuration is preserved even if there is a temporary connection issue, and the system can retry activation automatically.

How Modifications Protect Your Settings ​

All position changes (including breakeven SL adjustments) go through a safe modification process. This is critical because:

  • Preserves existing trailing stop: When modifying the SL for breakeven, the system checks for and preserves any active trailing stop configuration. A naive SL modification could accidentally remove the trailing stop.
  • Preserves breakeven state: Breakeven status is preserved in your trade history for reference.
  • Atomic modifications: Changes are applied as a single update to prevent incomplete modifications.

Channel-Specific Commands ​

Some Telegram channels send specific breakeven commands:

"Move SL to Breakeven now!"

"Set BE"

"SL to Entry"

TTMT's AI parser recognizes these commands and executes a breakeven move immediately, even if your configured trigger TP has not been hit yet. This keeps you aligned with the signal provider's risk management strategy.

Breakeven with TP Redistribution ​

Breakeven works seamlessly with TP Redistribution. When deeper layers fill and TPs are compressed:

  1. Layer 1 positions are locked to TP1 (redistribution).
  2. When TP1 hits, breakeven triggers for all remaining positions.
  3. The remaining positions (Layers 2-4) now have both compressed TPs and a protected SL at entry + buffer.

This creates a powerful combination: compressed targets for faster profit-taking on early layers, with a safety net SL protecting the remaining runners.