NotionalValue

NotionalValue

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:

  1. Total Notional Value of all positions of individual pair = (NotionalValue of individual pair x Leverage)
  2. 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.

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