The rules for setting take-profit orders. Similar to stop-loss logic, take-profit logic determines at what price to automatically close a winning trade. This could be a fixed profit target (e.g. 2:1 reward:risk), a trailing take-profit, or other exit algorithms. In NinjaScript, SetProfitTarget() works in tandem with SetStopLoss().

• Definition: Rules for the profit exit. E.g. “exit with a 100-pip profit” or “close half position at 1:1 RR and rest at 2:1”.

• Context: Implemented by specifying a profit target price or sending a limit order. In MQL, provide the TP price to OrderSend(). In cAlgo, provide takeProfitPips. In NinjaScript, use SetProfitTarget().

• Example (MQL4):

  double tp = Ask + 100*Point;
OrderSend(Symbol(), OP_BUY, 0.1, Ask, 5, 0, tp, "Buy w/TP", 0, 0, clrBlue);


• Example (cAlgo):

  ExecuteMarketOrder(TradeType.Sell, SymbolName, 50000, "Bot", stopLossPips:50, takeProfitPips:150);


• Example (NinjaScript):

  SetProfitTarget(CalculationMode.Ticks, 50);

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