N. Layering

Enable layer command? – Allow signal layering.

Enable layer command?Enable/ disable whether to enable signal layering when layer command is received from a telegram channel, group, or chat.

Layering is available as a loss mitigation technique. Therefore, this method is only available if the signal’s trades are already opened as market order(s). Layering is disabled if the signal’s reference trade is a pending order. Only one open layer trade per signal is allowed at a given time.

Layer reference TP – TP-level/trade used for the reference trade.

Layer reference TPSelect what TP-level/trade should be used for the reference trade.

Layer reference TP is the trade that will be used as the basis for opening the layer trade. The reference trade’s BUY/SELL direction, SL, TP and lot size will be used for the layer trade.

Reverse BUY/SELL? – Invert operation and swap SL and TP of the reference trade.

Reverse BUY/SELL?Select Whether to invert operation and swap SL and TP of the reference trade.

Lot size multiplier – Lot size multiplier for the layer trade.

Lot size multiplierEnter a lot size multiplier for the layer trade. Lot size from the reference trade will be used with the multiplier.

Enable closing with close command? – Close signal/layer trade when a close command is received.

Enable closing with close command?Select whether to close available layer trade/ signal when a close command is received for the signal, layer trade.