Configure a Take Profit
A take profit closes your position automatically when the price reaches a target you set. Like a stop loss, it runs in the background from the moment your position opens. This page covers how to configure it inside an Order node.
Open the Order node settings
Click the Order node on your canvas. In the settings panel, scroll to the Stop Loss / Take Profit section and enable it.
Set the take profit level
Two options are available:
Fixed price: Enter the exact target price. When the market reaches this level, the take profit triggers and the position closes.
Percentage from entry: Enter a target percentage relative to your entry price. For example, a 10% take profit on a long position closes it when the price rises 10% above your fill price.
How the take profit closes
When the take profit triggers, it closes the position with a market order at the next available price. There is no limit option. A take profit always exits at market so it fills, which means it accepts slippage.
Set a slippage tolerance to limit the range of acceptable fill prices.
Take profit alongside a closing Trigger
You can configure a take profit at the Order node level and also add a closing Trigger in your flow. Both run simultaneously. Whichever is met first closes the position.
Take profit is better suited for simple price-based exits. A closing Trigger is better for indicator-based exits, for example, closing when RSI crosses above 70 rather than when price hits a fixed level. You don’t have to choose one or the other.
Tips
A take profit set at the Order node level closes only the position opened by that specific node. If you have multiple Order nodes, each needs its own take profit configuration.
Take profit conditions run on Synchronicity’s infrastructure in the background. You do not need the Strategy Builder open, or your machine on, for them to run.
If your exit logic depends on multiple conditions or a complex indicator, use a closing Trigger rather than the built-in take profit. The Trigger uses the same condition blocks as an Indicator, so it can read any feed and aggregator.
Next steps
Now that you know how to set a take profit, you should also understand how to set a stop loss to protect against downside. Both are configured inside the same Order node. Once your exits are in place, you can decide whether you want to cycle your strategy after each trade. Read Configure a Cycle to learn how.