Partial Close
Partial close lets BananaEA-Auto close part of a position at up to three planned R-based milestones.
Inputs
| Input label | Default | What it controls |
|---|---|---|
| Enable partial close levels | Off | Turns partial close management on or off. |
| Partial close 1 trigger R | 1.0 | First partial-close trigger in R. |
| Partial close 1 percent | 25.0 | Percent of the position to close at the first trigger. |
| Partial close 2 trigger R | 2.0 | Second partial-close trigger in R. |
| Partial close 2 percent | 25.0 | Percent of the remaining position to close at the second trigger. |
| Partial close 3 trigger R | 3.0 | Third partial-close trigger in R. |
| Partial close 3 percent | 25.0 | Percent of the remaining position to close at the third trigger. |
How Levels Work
Levels fire in order. The second level is only relevant after the first level, and the third level is only relevant after the second level.
Percent values are applied to the open position at the time the level fires. Test this on demo so you understand the remaining position size after each partial close.
Example
With the defaults:
- Partial close 1 closes 25% at 1R.
- Partial close 2 closes 25% of what remains at 2R.
- Partial close 3 closes 25% of what remains at 3R.
- The remaining position can continue toward take profit or trailing-stop management.