Using Take Profit and Stop Loss

Most frontend builders on SYMMIO give you a way to set take profit (TP) and stop loss (SL) levels, so you don’t have to sit and watch the chart all day. When your target or safety level is reached, the system will try to close your position for you.

Under the hood, this can work in two main ways:

  • The frontend asks you to delegate permission to a small service that is allowed to request closes on your behalf when certain price conditions are met, or the frontend application talks directly to a solver’s Conditional orders API, and the solver manages TP/SL for you.

Both approaches end up doing the same thing from your perspective: when price hits your TP or SL, a close request is sent for your position.

How it works for you as a trader

The exact UI will differ between frontends, but in most cases it will follow this pattern:

Open a position

Trade as usual. Once your position is open, go to the Positions or Open Positions tab of the app.

Find the TP/SL controls

Next to your position, you’ll see a TP/SL button or a settings icon. Click it to open the take-profit / stop-loss panel.

Setting a TP/SL on IntentX

Approve TP/SL control

The first time you set up TP/SL, you’ll usually be asked to approve either conditional order functionality or instant trading, which both enable conditional order management. This approval lets the frontend or the solver request to close your position for you when the conditions you set are met.

You stay in control of your funds: the service cannot withdraw or move your money, it can only send the same close requests you could send yourself.

Choose your Take Profit and Stop Loss

Once TP/SL is enabled, you can set:

  • A Take Profit level – where you’re happy to lock in gains

  • A Stop Loss level – where you want to cut the trade to cap downside

Most frontends will let you use percentage-based settings or enter exact prices if you already know your target and invalidation levels.

Setting a TP/SL on IntentX

Behind the scenes, the app will translate your choices into a conditional order payload, including the trigger price (where TP/SL should activate), and the minimum acceptable execution price, which builds in some slippage protection.

Confirm and save

After you’ve chosen your levels, confirm in the UI. From this point on, as long as your position remains open and your TP/SL conditions are valid, the system will watch the market and attempt to close your trade when your thresholds are reached.

Adjust or remove later

You can always come back to the same TP/SL panel to move your take profit higher or lower, tighten or loosen your stop loss, or cancel the TP/SL off completely.

Refer to the specific frontend application's documentation for any discrepancies.

Last updated