SL/TP(automatic exit strategy)

SL/TP is an automatic position protection feature in ATAS. It allows you to configure Stop Loss, Take Profit, Breakeven, and Trailing Stop rules that are automatically applied to positions opened through the platform.

SL/TP is available in both the Chart Trader panel and the Smart DOM trading panel.

Before You Start

SL/TP manages positions opened through ATAS. Positions or orders opened outside the platform may not be controlled by the SL/TP strategy.

ATAS must remain running and connected to the Internet for automatic SL/TP modifications (Breakeven, Trailing Stop, automatic order updates, and cancellations). If the platform is closed or disconnected, already submitted protective orders remain at the broker or exchange, but ATAS cannot modify them until the connection is restored.

Enabling SL/TP

1. Open Chart Trader or Smart DOM.
2. Open the SL/TP settings.
3. Select either Simple or Multi-Level mode.
4. Configure the required protection settings.
5. Click Apply.

Depending on the current position state, ATAS either applies the settings immediately or saves them for the next position.

If you manually modify Stop Loss or Take Profit orders while a position is open, ATAS switches the strategy to Watch Mode. In this mode, the current SL/TP orders are monitored, but the original strategy parameters are preserved for future positions.

Simple Mode

Simple mode provides one Stop Loss and one Take Profit for the entire position.

Main parameters:

• Time in Force (TIF) — defines how long protective orders remain active.
• Take Profit — distance from the entry price to the profit target.
• Stop Loss — distance from the entry price to the protective stop.

Stop Loss and Take Profit values can be specified in ticks, percentages, or price values.

Example

A Buy position is opened at 100 with a tick size of 1.

• Stop Loss: 10 ticks
• Take Profit: 10 ticks

ATAS places:

• Take Profit at 110;
• Stop Loss at 90.

Breakeven

Breakeven automatically moves the Stop Loss once the specified profit level is reached.

Settings:

• Breakeven — profit required before moving the Stop Loss.
• Offset — distance from the average entry price where the new Stop Loss is placed.

Example:

A Buy position is opened at 100. Breakeven is set to 10 ticks with an Offset of 1 tick. Once the position reaches 10 ticks of profit, the Stop Loss is moved to 101.

Trailing Stop

Trailing Stop continuously moves the Stop Loss as the market advances in your favor.

Settings:

• Trailing Stop — distance the price must move before the Stop Loss is adjusted.
• Trailing Step — distance by which the Stop Loss is moved each time.

Breakeven and Trailing Stop become available only when Stop Loss is enabled.

Multi-Level Mode

Multi-Level mode allows one position to be divided into several independent exit levels.

Main parameters:

• Volume Type — Absolute or Percentage.
• Time in Force (TIF).
• Exit Levels — independent Stop Loss and Take Profit settings for each part of the position.

Example

A Buy position of 2 contracts is opened at 100.

Level 1

• Quantity: 1
• Stop Loss: 10 ticks
• Take Profit: 10 ticks

Level 2

• Quantity: 1
• Stop Loss: 20 ticks
• Take Profit: 30 ticks

ATAS creates:

• one exit at 110 / 90;
• the second exit at 130 / 80.

Breakeven and Trailing Stop are available only in Simple Mode. Multi-Level mode uses independent exit levels instead.

Manual SL/TP Actions

For an open position, ATAS also provides the following manual actions:

• Set Stop-Loss
• Set Take-Profit
• Set Breakeven

These actions are available only for open positions and only when using Simple SL/TP.

If previous SL/TP errors exist, resolve them before using the Set Breakeven command.

SL/TP Messages and Errors

If ATAS detects a problem with protective orders, it may display an SL/TP notification.

Available actions may include:

• Restart SL/TP — restart the protection strategy.
• Re-place Orders — submit new protective orders using the current settings.
• Disable SL/TP — stop SL/TP processing until it is configured again.

Do not ignore SL/TP warnings unless you fully understand the consequences. Disabling notifications may result in unprotected positions or unexpected order behavior.

Important Notes

• SL/TP is intended for positions opened and managed through ATAS.
• ATAS must remain running and connected for automatic SL/TP modifications.
• Stop Loss and Take Profit can be configured before entering a position or applied afterward.
• Breakeven and Trailing Stop require Stop Loss to be enabled.
• Manual Stop Loss, Take Profit, and Breakeven actions require an open position and Simple Mode.
• Changing protective orders manually activates Watch Mode.
• Breakeven and Trailing Stop are disabled while Watch Mode is active.
• Some SL/TP scenarios may require manual disabling of protective orders.
• Before using copy trading, disable active SL/TP strategies if ATAS requests it.

Summary

SL/TP automatically protects open positions by placing and managing Stop Loss and Take Profit orders.

Use Simple Mode for standard Stop Loss, Take Profit, Breakeven, and Trailing Stop management.

Use Multi-Level Mode when you need separate exit levels for different parts of the same position.