Trading Settings

The Trading Settings page is the engine room of your TTMT experience. This is where you define how trades are executed once a signal is parsed.

General Settings

Position Sizing Mode

This determines how much volume (lots) to use for each trade.

• Fixed Lots: Uses a static lot size for every trade (e.g., 0.01). Simple, but risk varies with Stop Loss distance.
• Risk Percentage: Calculates lot size dynamically based on your account balance and the signal's Stop Loss distance.
  • Formula: Lots = (Balance * Risk%) / (SL_Pips * Pip_Value)
  • Result: Ensures you lose a fixed % of equity if SL is hit.

Default Stop Loss & Take Profit

What if a signal arrives without an SL or TP? These settings act as your safety net.

• Default Stop Loss (Pips): Used if the channel doesn't provide one. (e.g., 50 pips).
  • Note: If set to 0, trades without SL will be Rejected for safety.
• Default Take Profit (Pips): Used if the channel doesn't provide TPs. (e.g., 20 pips).

Entry Zone Configuration

The Entry Zone defines the price range where your Limit Orders (Layers 2, 3, 4) are placed.

Definition Mode

• Percent of SL (Auto): The zone size is a percentage of the Stop Loss distance.
  • Example: SL is 20 pips away. Zone setting is 80%. Entry Zone = 16 pips.
  • Benefit: Adapts to market volatility automatically.
• Fixed Pips: The zone is always a fixed size (e.g., 10 pips).

Strategy Settings

TP Count Limiter

Some channels send signals with 5 or 6 Take Profit levels. You might not want to split your volume that thin.

• Setting: Max TPs to use (e.g., 3).
• Action: If a signal has 5 TPs, TTMT will only use the first 3 and ignore the rest.

TP Strategy

Determines how volume is distributed across your Take Profits.

• Progressive: Front-loaded with more volume on early TPs (TP1/TP2) to secure profit quickly.
• Balanced: Equal volume distribution across all TPs.
• Extended: Back-loaded with more volume on later TPs (TP5/TP6) to aim for bigger wins.

Signal Automation

You have granular control over which "Update" signals are automatically applied to your trades. This prevents a channel's aggressive management style from interfering with your own plan if you prefer.

Automation Toggles

• Auto-Update Stop Loss:

  • Role: Automatically applies new SL prices (including Breakeven commands) from the channel.
  • Default: ON (Recommended for capital protection).

• Auto-Update Take Profit:

  • Role: Automatically updates TP targets if the channel changes them.
  • Default: ON.

• Auto-Close (Partial):

  • Role: Automatically executes "Close half" or "Take partials" signals.
  • Default: OFF. Many traders prefer to let their mathematical TP Strategy handle profit taking rather than reacting to panic closes.

• Auto-Close (Full):

  • Role: Automatically exits the entire position if the channel sends "Close All".
  • Default: OFF. Prevents a channel from cutting your winners early if you want to hold for your original targets.