Take profit / Stop loss - Distances and Validation
Overview
Take Profit (TP) and Stop Loss (SL) can be set when:
-
opening a new order
-
modifying an existing order
When TP or SL is enabled, the platform:
-
Automatically fills default values
-
Validates minimum distance from the reference price
-
Clears the value if the option is disabled
The rules depend on the symbol group.
| Symbol group | Distance type |
|---|---|
| Crypto | Percentage |
| Other instruments (Forex, indices, commodities, etc.) | Pips / points |
Symbol Groups
The system determines the rule set based on the symbol group.
| Group | Behavior |
|---|---|
| Crypto | Percentage-based TP/SL |
| Other groups | Pip / point-based TP/SL |
Default TP / SL Values
When a user enables Take Profit or Stop Loss, the system automatically inserts a default value.
| Asset class | Side | Default Take Profit | Default Stop Loss |
|---|---|---|---|
| Crypto | BUY | Ask + 1% | Ask − 1% |
| Crypto | SELL | Bid − 1% | Bid + 1% |
| Other instruments | BUY | Ask + 100 pips | Ask − 100 pips |
| Other instruments | SELL | Bid − 100 pips | Bid + 100 pips |
Important
-
Defaults are intentionally larger than the minimum allowed distance.
-
This ensures automatically generated TP/SL values are always valid.
Minimum Distance
TP and SL must be placed at least a minimum distance away from the reference price.
| Asset class | Minimum distance |
|---|---|
| Crypto | 0.1% of reference price |
| Other instruments | 1 pip |
The system prevents users from placing TP or SL inside this restricted zone.
Validation Rules
BUY Orders
| Rule |
|---|
| Take Profit must be above the reference price |
| Stop Loss must be below the reference price |
Additionally:
-
TP must be at least minimum distance above
-
SL must be at least minimum distance below
SELL Orders
| Rule |
|---|
| Take Profit must be below the reference price |
| Stop Loss must be above the reference price |
Additionally:
-
TP must be at least minimum distance below
-
SL must be at least minimum distance above
Reference Price
The reference price used for TP/SL calculation depends on context.
| Context | Order type | Reference price |
|---|---|---|
| New order | MARKET | Current Ask for BUY, Bid for SELL |
| New order | LIMIT | Limit price entered in the form |
| Modify order | MARKET | Order execution price |
| Modify order | LIMIT | Updated limit price (if edited), otherwise existing order price |
Example Calculations
Crypto Example
Reference price:
BTC = 50,000| Value | Result |
|---|---|
| Default TP | 50,500 |
| Default SL | 49,500 |
| Minimum distance | 50 |
EUR/USD Example
Reference price:
Ask = 1.0850| Value | Result |
|---|---|
| Default TP | 1.0950 |
| Default SL | 1.0750 |
| Minimum distance | 0.0001 |
USD/JPY Example
Reference price:
Ask = 150.25| Value | Result |
|---|---|
| Default TP | 151.25 |
| Default SL | 149.25 |
| Minimum distance | 0.01 |
Where These Rules Apply
Order Form (New Orders)
When creating a new order:
-
Default TP/SL values are inserted when enabled
-
Validation ensures minimum distance rules are respected
-
TP/SL values are cleared when disabled
Modify Order
When editing an existing order:
-
Default TP/SL values follow the same rules
-
Reference price is based on the order price
-
Validation rules remain identical
Key Principles
The system follows three main principles:
-
Automatic defaults
When TP/SL is enabled, reasonable default levels are provided. -
Minimum distance protection
TP/SL cannot be placed too close to the reference price. -
Consistency across workflows
The same rules apply when creating and modifying orders.
Summary
| Feature | Crypto | Other Instruments |
|---|---|---|
| Default TP | ±1% | ±100 pips |
| Default SL | ∓1% | ∓100 pips |
| Minimum distance | 0.1% | 1 pip |
| Reference price | Ask / Bid | Ask / Bid |
Defaults are intentionally larger than the minimum allowed distance, ensuring automatically generated TP/SL values always pass validation.