Similar to Leverage, this setting is used for profit calculation.
This setting will be used in conjunction with overall profit/loss calculation, and bot will close all and take profit based on whichever comes first. The formula is as follows:
- Total Notional Value of all positions of individual pair = (NotionalValue of individual pair x Leverage)
- Overall Profit for individual pair = sum of all open positions of individual pair
Take Profit happens when (Result of 2 / Result of 1) * 100 >= ProfitPips
We would highly recommend leaving it to the default value of 100,000.