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There are 4 types of equity monitors;

  • Target Value
  • Target Percentage
  • Protect Value
  • Protect Percentage

Target Value

Equity monitor will be triggered once this equity value is met, used when you want to trigger ABOVE your current equity.

For example; If your current equity is 10,000 and you want to trigger an action when it reaches 11,000, select this option.

Target Percentage

Equity monitor will be triggered once your current equity percentage is ABOVE this value.

For example; If your current equity is 10,000 and you want to trigger an action when it increases by 10% i.e. 11,000, enter 110%.

Protect Value

Equity monitor will be triggered once this equity value is met, used when you want to trigger BELOW your current equity.

For example; If your current equity is 10,000 and you want to trigger an action when it reaches 9,000 select this option.

Protect Percentage

Equity monitor will be triggered once your current equity percentage is BELOW this value.

For example; If your current equity is 10,000 and you want to trigger an action when it decreases by 10% i.e. 9000, enter 90%.