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.

Choose the take profit order type

When the take profit triggers, it places a closing order. Options:

Market: Closes immediately at the next available price. Guarantees a fill but accepts slippage.
Limit at take profit price: Closes at the target price or better. May not fill if the market moves past your target without matching the order.

Set a slippage tolerance for market-type take profits 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 fires 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 are evaluated by Synchronicity in the background. You don’t need the Strategy Builder open for them to work.
If your exit logic depends on multiple conditions or a complex indicator, use a closing Trigger rather than the built-in take profit.

Next steps

Now that you know how to set a take profit, it’s time to deploy your strategy. Read Deploy a Strategy to learn how.

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.

Choose the take profit order type

When the take profit triggers, it places a closing order. Options:

Market: Closes immediately at the next available price. Guarantees a fill but accepts slippage.

Limit at take profit price: Closes at the target price or better. May not fill if the market moves past your target without matching the order.

Set a slippage tolerance for market-type take profits 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 fires first closes the position.

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 are evaluated by Synchronicity in the background. You don’t need the Strategy Builder open for them to work.

If your exit logic depends on multiple conditions or a complex indicator, use a closing Trigger rather than the built-in take profit.