Stop Loss & Take Profit
The current BananaEA-Auto MT5 source exposes stop placement through entry buffers and stop-distance limits, with take profit managed as an R-based lifecycle setting.
Stop Loss Inputs
| Input label | Default | What it controls |
|---|---|---|
| Buy stop-loss buffer in pips | 0.1 | Extra stop-loss padding for buy trades. |
| Sell stop-loss buffer in pips | 1.0 | Extra stop-loss padding for sell trades. |
| Minimum SL distance, 0 disables | 3.0 | Rejects signals where the calculated stop would be too tight. |
| Maximum SL distance, 0 disables | 0.0 | Rejects signals where the calculated stop would be too wide. |
Use the maximum stop-loss distance when you want to avoid unusually wide stops after news, gaps, or abnormal candles.
Take Profit Input
| Input label | Default | What it controls |
|---|---|---|
| Default TP in R, 0 disables | 0.0 | Sets a default take-profit target in multiples of initial risk. A value of 0 disables the default TP. |
For example, a value of 3.0 means the default take profit is three times the initial risk distance.
Related Inputs
- ATR period supports ATR-based filters and trailing calculations.
- Enable partial close levels can take profit in stages.
- Enable trailing stop can manage the remaining position after entry.