Analysis Techniques & Strategies

Profit Target LX (Strategy)

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Input Information

Name Type Default Description
Amount Numeric 5 Target profit level for the position, in dollars.
PositionBasis True/False False True/False trigger allowing you to calculate profit either per position or per share. To calculate profit per position, enter True.


Long exit based on a targeted profit amount.


This strategy enables you to set a profit target (in dollars per share or per position) at which your position will automatically be closed out. If that profit level is never reached this strategy will not take affect.

This strategy will only generate an exit from a long position.

Order Name: Profit Target

Related Strategy: Profit Target, Profit Target SX

Related Function(s): None