Stopline Trade Manager › Guides

Multiple Take Profits in MT5 and MT4: TP1, TP2, TP3

By Brendon, a trader for 15 years and the maker of Stopline Trade Manager. Updated 27 October 2026.

MetaTrader gives each position one take profit. To bank part of a trade at a first target and let the rest run, you split the trade, close part of it yourself, or let an Expert Advisor close the parts for you.

One Position, One Take Profit

The order window of MetaTrader 5 and MetaTrader 4 has one take-profit field per position. On a hedging account (every MetaTrader 4 account, and many MetaTrader 5 accounts) each order is its own position with its own stop and target. On a MetaTrader 5 netting account all trades on a symbol merge into one position, so there is only ever one take profit for that symbol.

Without a Tool

Several Orders, Each with Its Own Target

Split the trade into two or three orders and give each one its own take profit. It works on hedging accounts, but you have to size every order so that the total risk is still the risk you planned, and when you move the stop you move it on every order. On a netting account the orders merge, so this does not work at all.

1. Work out the total lot from your risk, then split it, for example 0.40 lots into 0.20, 0.10 and 0.10.
2. Open one order per part (F9 opens the order window), each with the same stop loss and its own take profit.
3. When you move the stop later, move it on every order: right-click each one on the Trade tab and choose Modify or Delete (Modify or Delete Order on MetaTrader 4).

Closing Part of the Position by Hand

The order window can close a smaller volume than the whole position. It needs you at the screen when the price reaches the level, and on MetaTrader 4 the rest of the position gets a new ticket after each partial close.

Take-Profit Levels on One Position

The third way keeps one position and one final take profit, and adds levels in between: each level has a price and a share of the lot, and when the price reaches it, that share is closed. Whatever remains runs to the final take profit, where the broker closes it like any other target. The levels themselves are closed by the Expert Advisor, so the terminal has to be running and connected for them.

A Worked Example

An account of 10,000 USD risking 1 %, a buy of 0.40 lots at 1.10000 with the stop 25 pips below (the example of the position size guide). One pip on 1.00 lot is worth 10 USD.

Level	Price (distance)	Share of the lot	Closes	Profit on that part
TP1	1.10250 (25 pips)	50 %	0.20 lots	50 USD
TP2	1.10500 (50 pips)	25 %	0.10 lots	50 USD
Final take profit	1.10750 (75 pips)	the rest, 25 %	0.10 lots	75 USD

How Stopline Trade Manager EZ and Stopline Trade Manager Do It

• +TP adds a level below the stop loss and take profit fields: a distance in pips (or a price) and a share of the lot. Up to five levels, TP1 to TP5, kept in order with the nearest first.
• Each level is a dotted line on the chart with its share on the label; drag it to move the level. The final take profit gets whatever share is left.
• The lot of the whole trade still comes from your risk and the stop distance, and the confirmation shows the trade before anything is sent.
• An open position keeps the levels it was opened with, drawn as TP1 #ticket lines you can move for that position alone. Changing the panel later does not change a running trade.
• On MetaTrader 4 the Expert Advisor follows the position to its new ticket after each partial close.

Both editions have take-profit levels, on MetaTrader 5 and MetaTrader 4, and EZ is free. Stopline Trade Manager adds partial-close levels set by reward-to-risk or percent, a trailing stop for the rest, and automatic breakeven, for example once the trade is 1 R in profit.

Watch it in the video manual: Stopline Trade Manager EZ at 14:13 or Stopline Trade Manager at 12:28.

Questions

Can One Trade Have More Than One Take Profit in MT5?

Not in MetaTrader's own order window: each position has one take profit. You can split the trade into several orders with their own targets (hedging accounts only; on a netting account they merge), close part of the position by hand, or let an Expert Advisor close a share of the lot at each level. Stopline Trade Manager EZ and Stopline Trade Manager set up to five take-profit levels on one position, each closing its own share.