Take Profit & Stop Loss
The Take Profit and Stop Loss settings form the backbone of the BigBeluga Backtester’s risk management engine.
They allow traders to precisely model different trade management styles, compare outcomes, and evaluate how exit logic impacts profitability, drawdown, and win rate.
TAKE PROFIT
The Take Profit module defines how partial or full position closures are executed once a trade reaches predefined profit targets. Traders can configure up to three take-profit levels, each defined by distance and exit size.
Take Profit: Choose between 1, 2, or 3 targets.
Color: Visualized on chart for quick identification (default: lime).
Size: Define distance as a multiple of ATR (Average True Range) or a fixed percentage from the entry price.
Exit Size: When using multiple targets, specify what percentage of the position is closed at each level (e.g., 25%, 25%, 50%).
This configuration allows both scalping-style scaling out and multi-phase swing exits, enabling more flexible trade management and performance comparison across different strategies.
STOP LOSS
The Stop Loss module provides full control over capital protection through fixed or dynamic risk mechanisms. It defines how and when trades are exited automatically when adverse price movement occurs.
Type Selection: Choose between Fixed Stop or Trailing Stop.
Fixed Stop — the distance from entry remains constant throughout the trade.
Trailing Stop — dynamically adjusts as price moves in your favor, locking in profits.
Color: Visualized on chart for quick identification (default: fuchsia).
Size: Define stop distance by ATR multiple or percentage of price.
By combining these options, traders can replicate professional risk management models — from tight trailing stops in intraday systems to wider, volatility-based stops for swing strategies.
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