TP Proximity
Disclaimer: Sagemaster, a software platform provides market insights on user-selected strategies. It does not offer financial advice or guarantee results. Trading involves risk, and users should consult financial professionals.
Written By Ehsaan XP
Last updated 4 months ago
🔍 About
TP Proximity Protection is an advanced filter that ensures trades are only opened if the Take Profit (TP) target from a signal offers enough profit potential from your entry price.
When enabled, the system checks whether the signal’s TP is at least X% away from your entry (you define this %).
Use with the “Indicator Provider” trigger condition
🧠 Why It’s Useful
🛡 Prevents opening trades with weak or tight profit margins
📉 Avoids wasting capital on low-reward setups
⚖️ Maintains healthy risk-to-reward balance
📲 Useful for filtering signals from external providers or auto-trading strategies
🛠️ How to Set It Up
Go to the DCA Assist Creation
Navigate to the Entry section
Toggle on “TP Proximity Protection.”
Enter your TP Proximity (%) value
This defines the minimum profit distance required from your entry price
💡 Example: If you enter 5, the system will only open the trade if the TP is at least 5% above your entry price.
🧪 Examples
▶️ Example 1: TP is Close – Trade Skipped
Your Entry Price: $100
TP from Signal: $102
Your TP Proximity Setting: 3%
🧮 Required minimum TP = $100 + 3% = $103
❌ Signal TP ($102) is too close → Trade is skipped
▶️ Example 2: TP is Sufficient – Trade Allowed
Entry: $250
Signal TP: $270
TP Proximity: 5%
🧮 Minimum required TP = $250 × 1.05 = $262.50
✅ TP ($270) is higher than $262.50 → Trade is opened
▶️ Example 3: Very Tight TP, Avoided
Entry: $1.000
Signal TP: $1.020
TP Proximity: 2.5%
🧮 Required TP = $1.000 × 1.025 = $1.025
❌ Signal TP = $1.020 → Trade is not placed