Active Trade Setup — Managing Open Trades

Once a trade is open, TTMT keeps working on it: moving the stop to breakeven so a winner cannot turn into a loss, shifting take-profit targets as deeper layers fill, applying follow-up messages from the channel, and respecting any manual changes you make in MetaTrader. All of this lives on the Trade Management page. These settings never place new trades — they only protect and adjust trades that are already running.

TIP

Breakeven from the first target is the single highest-value protection here. It turns "a winner that reversed" into "a scratch trade" on most signals.

Where these settings live

The Trade Management page (Settings → Trade Management) has five sections: Profit Protection, Order Management, Signal Updates, Manual Override, and Trading Hours. Nothing auto-saves — a Save Changes button and a Reset to Defaults button sit in the bar at the bottom, and the live Trade Preview's Scenarios tab shows how these settings play out as layers fill. If a link sends you to the old "Strategy" page, it lands here.

Breakeven — locking in a winner

Auto-Breakeven (default on): once a chosen take-profit level is hit, the stop-loss moves to your entry price (plus a small buffer) so the remaining position can no longer lose.

• When to Trigger Breakeven — the target level that fires it: Never, TP1+, TP2+, up to TP6 only. Default is TP1+ (the first target).
• Buffer above entry — how far into profit the stop moves, in pips (range 0 to 50, default 2). The buffer covers spread so the new stop secures a hair of profit rather than exact breakeven.

For example: the first target hits on a 4-layer gold trade. With breakeven from TP1, the stop jumps to entry plus 2 pips. Gold then reverses 80 pips — instead of a loss, the remaining position closes flat to a tiny profit.

Signal-Driven Breakeven (default on) is a separate toggle: it honors a channel's explicit "move to breakeven" follow-up message.

Two advanced settings handle fast markets where the broker rejects a breakeven stop because price is too close:

• Breakeven Fallback — what to do when the stop is too tight to place: Keep Original SL (default — leave your existing stop), Progressive SL (try 5, 10, then 15 pips from entry), or Close Position.
• Fast Market Protection — what to do when a target "hits" but price has actually reversed past your entry, making a breakeven stop impossible: Keep Original SL (default — let the trade continue on its original stop) or Close Position.

For example: price is only 1 pip above entry when the first target fires — the broker will not accept a stop that tight. With Keep Original SL, your existing stop stays put rather than the trade erroring out. For the full mechanics, see Breakeven Management.

Without breakeven

With Auto-Breakeven off, a trade that hits its first target and then fully reverses runs all the way back to its original stop-loss — a winner becomes a full-size loss. Breakeven from the first target is what prevents that.

Trailing stop — riding runners

The trailing stop only works on runner positions — positions with no fixed take-profit — and only after breakeven has completed on the trade. Until you enable Open TP on the Entries & Targets page, the trailing controls are hidden and the page reads "Trailing stop requires Open TP (runner positions)."

When available, there are two controls:

• Enable Trailing Stop (default off).
• Trailing Distance — how far the stop follows behind the best price, in pips (range 5 to 500, default 30).

It is runner-only by design: a position with a fixed take-profit would hit that target before trailing ever mattered, so trailing only adds value on positions left to run.

For example: a signal marks its third target as "open." After breakeven completes, the runner's stop trails 30 pips behind a 200-pip move — capturing far more than a fixed third target would have. See Runners and Position Protection.

WARNING

Trailing does nothing unless Open TP (runner positions) is enabled on the Entries & Targets page and breakeven has completed on the trade. If trailing "isn't working," check those two conditions first.

Order Management — rebalancing and cleanup as layers fill

TP Redistribution (default on): as deeper entry layers fill, TTMT shifts the surviving orders' take-profit targets closer to lock in profit on the now-larger position.

L1 Safety Lock (default on, shown only when redistribution is on): once any deeper layer fills, the Layer-1 orders lock to the first target as a safety net to secure break-even or early profit. Turn it off only if you want Layer 1 to chase the same shifted targets as the rest.

• For example, with the lock on: three layers fill on a retracement, the Layer-1 orders snap to the first target and bank profit immediately, acting as a floor while the deeper layers chase higher targets.
• With the lock off: Layer 1 chases the same shifted targets — more upside if price keeps running, but Layer 1 no longer guarantees an early profit lock.

Cancel Pending Orders on TP Hit — when a chosen target is reached, still-unfilled limit orders for that trade are cancelled: Never, TP1+, up to TP6 only. Default is TP1+. For example, a trade reaches its second target with one Layer-4 limit still pending 90 pips away; canceling from the first target already pulled it, so you do not get filled into a near-complete winner at a bad price. For the shifting-targets logic, see Take-Profit Rebalancing.

INFO

L1 Safety Lock is on by default and is what guarantees an early-fill trade banks profit when the market retraces into your deeper layers.

Signal Updates — applying follow-up messages

When a channel posts a follow-up (a new stop, a new target, a partial or full close), these toggles decide what TTMT does:

Update type	Default	What it does
Auto-update Stop Loss	On	Apply the channel's stop changes to your open trade
Auto-update Take Profit	On	Apply the channel's target changes
Auto-execute partial closes	On	Let the channel close part of your position
Auto-execute full closes	On	Let the channel close your entire position

All four are on for a new account, so out of the box TTMT follows a channel's follow-up messages end to end — new stops, new targets, partial closes, and full closes. If you have been using TTMT for a while, your saved values are preserved; these are the defaults a fresh account starts with, not a forced change to your settings.

When partial close is on, a Position Selection strategy decides which positions go first: Worst First (default — close the losing or deepest layers first to cut risk), Profit Only (close only positions currently in profit), or Proportional (shave every open position equally). For example, the channel says "close 50%"; Worst First closes your two deepest losing layers, cutting risk, while Profit Only would leave the losers and only bank winners.

TP Fast Move Behavior — when the channel posts a new target but price has already blown past it: Keep Original TP (default — let it run to the higher target) or Close Immediately (book profit now).

A channel-driven close is only one of several ways a trade ends, and it is worth keeping them apart. A provider close is the channel telling you to exit (these toggles). A manual close is you exiting the position yourself. An SL/TP hit is the trade reaching a stop or target you set. A P&L-limit close is a per-trade loss or profit ceiling firing. A broker stop-out is your broker liquidating for insufficient margin — not a strategy stop-loss. See Signal Processing and Order Management for how each is classified.

Full closes are on by default

Because auto-execute full closes is on by default, a channel that posts "close all" will close a winning trade you might have preferred to ride. If you would rather make that call yourself, turn it off — but most users are best served leaving the channel in control.

Replies still work when a channel is filtered

If you use a channel's message filters, a blacklisted term skips a fresh signal — but a reply to an earlier message bypasses the filter, so close and modify follow-ups still reach your trades.

Manual Override — when you change a trade in MetaTrader

If you move a stop or target yourself in your terminal, TTMT detects it, and this setting decides how it responds:

• Respect Until Next Signal (default) — keep your change until the channel sends a new instruction, then resume automation.
• Respect Forever — never overwrite your manual change; TTMT stops managing that position entirely.

For example: you tighten a trade's stop by hand. With Respect Until Next Signal, TTMT leaves it alone — until the channel posts a new stop, at which point automation resumes. Every manual change you make is logged to your notification center.

INFO

A third behavior, "Force Restore" (where TTMT would immediately re-apply its own stop and target over your manual change), is shown in the interface but is not currently selectable.

Trading Hours (advanced)

Each account can have an optional Execution Schedule in the Trading Hours section at the bottom of the Trade Management page. The schedule marks blocked periods — the hours you do not want TTMT to trade, such as the Friday close or a high-impact news window. Outside those blocks, trading runs as normal.

A signal that arrives during a blocked period is skipped, not queued: TTMT does not hold it and replay it when the block ends. It is dropped, and the Signal Log records why.

Blocks combine across scopes:

• Account blocks (set here) and any channel blocks apply together — their blocked periods are added up (a union). A signal is blocked if either scope blocks that hour.
• If the channel's assigned Config Profile has its own schedule with at least one window, that profile schedule is used on its own for signals on that channel — it replaces the account and channel blocks entirely.
• If the profile has no schedule, the account and channel blocks apply as above.

Each scope keeps its own timezone, so an account block set in London time and a channel block set in New York time each evaluate against their own clock.

If the schedule ever fails to load or evaluate, TTMT fails open for that scope — trading continues rather than silently stopping.

For example: set an account block for the last 30 minutes before the Friday close, and a late Friday signal is skipped instead of leaving a position open over the weekend gap. It is not resurrected on Monday — a genuinely new signal has to arrive.

Ideal Settings & Trading Strategy

Scenario 1 — Conservative Capital-Preservation

Setup: A $3,000 account, one calm forex channel, wants minimal drawdown.

Settings: Auto-Breakeven on, trigger at the first target, buffer 2 pips. Signal-Driven Breakeven on; Breakeven Fallback "Keep Original SL"; Fast Market Protection "Keep Original SL." Trailing Stop off (Open TP off). TP Redistribution on; L1 Safety Lock on; Cancel pending orders from the first target. Auto-update stop and target on; auto partial and full close off. TP Fast Move "Keep Original TP." Manual Override "Respect Until Next Signal." Trading Hours: skip the last hour before the Friday close.

Why: Breakeven from the first target plus the L1 lock means almost every trade that gets going can no longer turn into a loss. No runners and no trailing, so nothing rides past the channel's targets.

Watch for: You will leave profit on the table on big trends. That is the trade-off for low drawdown.

Switch when: You want to capture trends — enable Open TP and trailing (the Moderate setup).

Scenario 2 — Moderate / Balanced Trend Capture

Setup: A $15,000 account following a swing channel that often marks a final "open" target.

Settings: Auto-Breakeven on, trigger at the first target, buffer 2 pips. Signal-Driven Breakeven on; Breakeven Fallback "Keep Original SL"; Fast Market Protection "Keep Original SL." Open TP on (set on Entries & Targets); Trailing Stop on at 30 pips. TP Redistribution on; L1 Safety Lock on; Cancel pending orders from the first target. Auto-update stop and target on; auto partial close on (Worst First); auto full close off. TP Fast Move "Keep Original TP." Manual Override "Respect Until Next Signal."

Why: Early breakeven secures the trade; the runner plus trailing rides the rest of the move after breakeven completes, capturing trends a fixed-target setup would miss. Worst-First partial close trims risk when the channel says to scale out.

Watch for: Trailing only engages after breakeven completes on the trade. On choppy days the runner may get stopped at breakeven for nothing. That is expected.

Switch when: You move to a prop-firm account — tighten manual override to "Respect Forever" and lean on Risk Limits.

Scenario 3 — Prop-Firm Drawdown Management

Setup: A $200,000 funded prop account with strict daily and overall drawdown rules, two channels.

Settings: Auto-Breakeven on, trigger at the first target, buffer 2 pips. Signal-Driven Breakeven on; Breakeven Fallback "Close Position" (do not risk a too-close stop leaving the trade unprotected); Fast Market Protection "Close Position." Trailing Stop off unless a channel reliably marks runners. TP Redistribution on; L1 Safety Lock on; Cancel pending orders from the first target. Auto-update stop and target on; auto partial and full close off. TP Fast Move "Close Immediately" (bank fast, do not chase). Manual Override "Respect Forever" (your manual risk decisions are final). Trading Hours: block high-impact news windows.

Why: Aggressive protection — close-on-fallback and close-on-unfavorable favor preserving the account over squeezing the last pip, which is exactly what prop rules reward. Respect Forever means a manual intervention to save the account is never undone.

Watch for: Closing on fallback or unfavorable will occasionally exit a trade that would have recovered — an acceptable cost for staying within drawdown rules.

Switch when: You are consistently profitable and the firm raises your limits — relax to the Moderate setup.

Related pages

• Order Setup — how trades open
• Runners — Open TP positions and trailing in depth
• Trade Preview — the Scenarios tab simulates rebalancing
• Breakeven Management — how breakeven works under the hood
• Take-Profit Rebalancing — the shifting-targets logic
• Message Filters — the symbol allowlist and text blacklist, and why replies bypass them
• Risk Limits — the enforced daily-loss halt