Superalgos/docs/_includes/trading_system/next-phase-event.md

{% assign title = "Next Phase Event" %} {% assign definition = site.data.trading_system.next_phase_event %} {% assign preposition = "a" %} {% assign plural = "s" %}

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Click to learn more about {{ title | downcase }}{{plural}}

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The management of a trade is performed in sequential phases. Each phase may define a new formula for stop loss and take profit targets. To move from one phase to the next, a certain situation must be validated. When that happens, the next phase event is triggered and the formulas corresponding to the following phase are applied. Such situations must be defined under the next phase event.

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Click to learn more about {{ title | downcase }}{{plural}}

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{{include.adding}} Adding {{preposition}} {{title}} Node

To add a next phase event, select Add Next Phase Event on the corresponding phase node menu. The event is added along with the basic structure of nodes to define it.

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{{include.configuring}} Configuring the {{title}}

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{{include.starting}} Starting {{preposition}} {{title}}

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