Scalping Ladder TP
A wrapper strategy that doesn't generate signals itself. Instead, it enhances the exit strategy of other signals by implementing multi-level take profits and trailing stops.
Key Indicators
Position Management
Multi-Level Exits
Trailing Stop Logic
How It Works
Wraps around any signal-generating strategy
Upon entry, activates 3-level TP structure:
- TP1: First profit target (e.g., 0.08%) → Close 33% of position
- TP2: Second profit target (e.g., 0.15%) → Close 33% of position, Move SL to breakeven
- TP3: Final target (e.g., 0.25%) → Close remaining 34%, Activate trailing SL
After TP1 hit: SL moves to entry (breakeven protection)
After TP2 hit: Trailing SL activated (e.g., 1x ATR trail)
Weighted R/R: ~1.26:1
Entry Conditions
Entry Requirements
- Any base signal triggered
- Position opens
- Ladder TP parameters active
- Money management engaged
Advantages
Locks in profits incrementally
Reduces risk after first TP
Allows participation in bigger moves
Psychological benefit of partial exits
Works with any signal strategy
Requirements & Best Markets
Technical Requirements
Base strategy enabled, Position management system, Timer for partial closes
Best Trading Markets
Works with any strategy (not market-specific), Volatile moves (benefit from trailing), Scalping to swing trades
Ready to Use This Strategy?
Configure this strategy in your EDISON settings to start trading.
View Configuration Guide