# Risk Management

<figure><img src="/files/4f3ntvTMCvqgl7cYiAxC" alt="" width="502"><figcaption></figcaption></figure>

Easily define your own risk management including various essential options to optimize a trading strategy professionally. You can set your values of Take Profit, Stop Loss, Multi/Partial Take Profit, Stop Loss to Breakeven, Stop Loss Follows Targets, Hedge Mode and set TP/SL based on volatility (ATR). In addition, you can decide to start changing the Stop Loss value (for the 'SL to BE' and 'SL Follows Target' options) only a certain number of bars after the start of the trade and only after reaching a Target.

**➜ Start  Moving SL After # Bar AND After:** Start changing the Stop Loss value after # bars and after reaching a Target (Target 1, 2, 3 or 4)

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**SL to BE:** Moves the SL to the Breakeven point (% BE below)

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**SL Follows Targets:** Moves the SL to the Breakeven point and then to each previous target.

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**Hedge Mode:** By default it is checked in the Ichimoku policy. Allows you to have a Long and Short trade in progress at the same time, on the same asset.

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**Use SL / SL Type:** Used to define a fixed Stop Loss. Default in percentage and possibility to define it thanks to the ATR.

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**% BE:** Set the Breakeven point. 0 = exact entry point. Ability to set a positive or negative value.

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**TP Type:** Default in percentage and possibility to define it thanks to the ATR.

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**TP1 / % Size / L-S:** Allows you to set a 1st Target of TP. % Size must be between 0 and 100. Possibility to define different Targets for Long and Short.

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**TP2 / % Size / L-S:** Allows you to define a 2nd Target of TP. % Size must be between 0 and 100. Possibility to define different Targets for Long and Short.

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**TP3 / % Size / L-S:** Allows you to set a 3rd Target of TP. % Size must be between 0 and 100. Possibility to define different Targets for Long and Short.

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**TP4 / % Size / L-S:** Allows you to set a 4th Target of TP. % Size must be between 0 and 100. Possibility to define different Targets for Long and Short. % Size for TP1 + TP2 + TP3 + TP4 must be less than or equal to 100 otherwise the results will be biased.


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