VTC supports stealth stops. You can toggle ON/OFF stealth stops via the “Stealth” button visible on the order grids for market and pending orders.
When stealth stops are used, the broker does not see them – they are monitored by the trade manager only.
The console also supports other ways of hiding your take profit and stop loss from the broker. This is done via trade manager profile using Multi-level Profit Taking and Multi-level Stop Loss settings.
First, you need to set up a new trade manager profile using the Trade Manager Profile Editor tab. In this example, I’ll be using a 50 pip stop loss and a 150 pip profit level, so the settings will look like this:
The general idea is to close out 100% of our trade at 150 pips of profit or 50 pips of loss. Whichever comes first.
Next, you need to save your new profile. To do this simply type in the profile name i.e. “Stealth stops 150/50” and click Save.
Now that you have your stealth stops profile ready, you may utilize it in your trading, either by automatically applying this trade manager profile to new trades, or manually adding it to trades of your choice.
Of course, you can set up several different stealth stop profiles and use different settings for various trades.