How to manage TP1 TP2 TP3 and stop loss
Three take-profit levels let you lock in gains in stages and turn a winning trade into a risk-free one. Here is the method we recommend for FxErvin signals.
Take profit in stages
- Close about a third at TP1 — profit banked, exposure reduced.
- Close another third at TP2.
- Let the rest run to TP3.
The app flashes green and timestamps the row as TP1 and TP2 are reached, so you know exactly when to act.
Move your stop to protect profit
For trades with room to run (typically Red signals), trail your stop:
- Set the take-profit target to TP3.
- At TP1, move the stop-loss halfway toward entry.
- At TP2, move the stop to the entry price (break-even) or TP1 — the trade can no longer lose.
Full walkthrough: set a trailing stop in MT4. This is the core of our recommended strategy.