Fixed Take-Profit¶
Risk · Take Profit
Constant take-profit distance in pips. Wire into the Output node's TP socket. For RR-based targets use the RRTarget block.
Fixed Take-Profit sets a constant profit target — a fixed number of pips — for every trade. Wire its output into the Tester's (or EA Output's) TP socket and each trade closes that many pips in profit. It's the take-profit twin of Fixed Stop-Loss: the simplest, most explicit way to define where you bank a winner.
How it works¶
The block emits a per-bar series holding a constant Pips value (default 40); the Bars input just aligns it to your timeframe. As a block it composes into the rest of the graph, but for a target that scales with your stop rather than a flat number, you'd reach for Reward-to-Risk Target instead — Fixed Take-Profit is for when you genuinely want the same pip target every time.
When to use it¶
Use Fixed Take-Profit when your profit objective is a flat distance — for instance a mean-reversion system targeting a typical reversion size, or any approach where a consistent pip target fits the instrument's behaviour. It pairs naturally with Fixed Stop-Loss for a fixed-pip system. If you instead want "always 2× my risk," let the target follow the stop with Reward-to-Risk Target so changing the stop updates the target automatically.
Example¶
A flat-target system: wire Bars into Fixed Take-Profit at 40 pips and into the Tester's TP socket, with a Fixed Stop-Loss of 20 in the SL socket — a clean 2:1 fixed-pip setup. Backtest in the Tester.
Tips & gotchas¶
- Flat target, not R-based — for "N× my risk," use Reward-to-Risk Target so the target tracks the stop.
- Match pips to the instrument — 40 pips is modest on a JPY cross, huge on a tight major.
- It's a leg — the Tester/EA Output applies the exit; this block just supplies the distance.
- Pairs with Fixed Stop-Loss for the simplest possible fixed-risk system.
Related blocks¶
Inputs¶
| Socket | Type | What to wire in |
|---|---|---|
| Bars | bars |
Bars to align the output series to. |
Outputs¶
| Output | Type | Plots as | Description |
|---|---|---|---|
| TP | series |
Line · sub-pane | Per-bar TP distance in pips. |
Parameters¶
| Parameter | Type | Default | What it does |
|---|---|---|---|
| Pips | number · 0.1–2000.0 | 40.0 |
Reference auto-generated from the block catalog · category Risk.