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How To Set A Stop Loss And Take Profit In Tradingview?

Upendra Goswami
Written by:
Upendra Goswami
Dr. BJ Johnson
Reviewed by:
Dr. BJ Johnson
Mirjan Hipolito
Fact-checked by:
Mirjan Hipolito
Updated:
July 03, 2026

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

To set Take Profit (TP) and Stop Loss (SL) in TradingView, navigate to your trade panel, select your desired position, and input the specific price levels for TP and SL. Ensure careful consideration of risk-reward ratios for effective trade management.

In trading, understanding the significance of setting Stop Loss (SL) and Take Profit (TP) levels is needed for managing risks effectively. Stop Loss acts as a safeguard, limiting potential losses by automatically closing a position if the market moves unfavorably. On the other hand, Take Profit allows traders to secure profits by automatically closing a position when a predefined price level is reached.

This article aims to simplify the process of setting TP and SL in TradingView, offering insights and tips to make informed decisions.

Setting TP and SL in TradingView

Setting Take Profit (TP) and Stop Loss (SL) in TradingView is a critical skill for traders, which seamlessly integrates trade functionality. Traders can strategically manage their positions using TradingView's user-friendly interface.

In TradingView, setting Stop Loss (SL) and Take Profit (TP) is a streamlined process, offering traders two convenient methods for precise trade management.

TradingviewTradingview

Via Order Form (Right on the Picture)

On the right side of the platform, you'll find the order form. Here, traders can input specific values for Stop Loss and Take Profit when entering a trade. This method ensures risk management, allowing traders to define their desired exit points right from the initiation of the trade.

Via the Chart (Mouse Pointer on the Picture)

For a more dynamic approach, traders can set SL and TP directly on the chart using the mouse pointer. By hovering over a specific price level on the chart, a visual interface appears, enabling traders to intuitively set their Stop Loss and Take Profit orders.

To utilize these features, it's essential for the trader to connect their TradingView account, whether it's a demo or a real trading account. This connection ensures full leverage of the platform's capabilities.

For a deeper exploration of TradingView's functionalities, we recommend reading the Trading View Review.

Tips for setting TP and SL

Implement a Robust Risk Management System

Utilize a risk management system to determine the amount of risk you are comfortable taking on each trade. This systematic approach helps safeguard your capital and ensures prudent decision-making.

Set Realistic TP and SL Levels

Avoid setting Take Profit or Stop Loss levels that are overly ambitious or unattainable.

Be Ready to Adjust TP and SL Levels

Markets are dynamic, and conditions can change rapidly. Stay flexible and be prepared to adjust your Take Profit and Stop Loss levels as the market evolves.

For further insights into optimizing Take Profits, consider exploring the recommended article: Take Profit: How Do Successful Traders Use Take Profit Orders to Earn More?

To enhance your understanding of Stop Loss strategies, delve into the suggested article: Stop Loss Order.

Can I trade directly from TradingView?

Yes, it's possible to trade directly from TradingView because some brokers offer it as an additional trading platform. This means you can execute trades directly from the TradingView terminal, using its charts and tools to place and manage your trades seamlessly. We compared three brokers that support TradingView to help you choose the best option.

Forex brokers that support TradingView
Min. deposit, $ Regulation TradingView Ingeration ECN Spread EUR/USD TU overall score Open account

Plus500

100 CySEC, FCA, ASIC, FMA, FSCA, FSA Seychelles, EFSA, MAS, DFSA, SCB Yes No 7.57 Go to broker
80% of retail CFD accounts lose money.

OANDA

No FSC (BVI), ASIC, IIROC, FCA, CFTC, NFA Yes 0.15 6.89 Go to broker
Your capital is at risk.

Trading.com USA

50 CFTC, NFA Yes No 6.16 Go to broker
Your capital is at risk.

Stop Loss and Take Profit – the foundation of risk management in trading

Anton Kharitonov
Anton Kharitonov Chief Analytics Officer

I have noticed that many beginner traders treat Stop Loss and Take Profit as a formality, placing them at random levels or even moving them during a trade. This is one of the most common causes of losses.

In practice, a Stop Loss should be determined not by the size of the loss you are willing to accept, but by market logic. The most appropriate location for a stop is beyond a key support or resistance level, where the trading idea becomes invalid. Take Profit also requires advance calculation. I typically aim for a risk-to-reward ratio of at least 1:2, meaning that the potential profit should be at least twice the possible loss.

TradingView provides convenient tools for analyzing levels, trends, and volatility before entering a trade. For this reason, I recommend planning your Stop Loss and Take Profit before opening a position. This approach removes emotional decision-making and helps maintain a disciplined trading strategy.

Conclusion

Effectively setting take profit (TP) and stop loss (SL) in TradingView is essential for disciplined trading and safeguarding your capital. By mastering strategic placement—such as positioning your SL below strong support levels or setting your TP just before major resistance—you can optimize risk-reward ratios and minimize emotional decisions under pressure. The article emphasizes that using TradingView’s intuitive tools not only streamlines this process but also empowers traders to adhere to their trading plans. Ultimately, consistent risk management with well-placed TP and SL is what separates successful traders from those who rely on guesswork; true confidence in the markets stems from preparation, not prediction.

FAQs

What are the two main methods for setting TP and SL in TradingView?

In TradingView, traders can set Take Profit (TP) and Stop Loss (SL) either through the order form on the platform's right side, where values are entered manually when opening a trade, or directly on the chart using the mouse pointer for a more visual and intuitive approach.

Why is connecting your account important when setting TP and SL in TradingView?

Connecting your demo or real trading account to TradingView is essential for utilizing TP and SL features, as it enables the placement and management of these risk management tools directly through the platform’s interface.

How can traders ensure their TP and SL levels are realistic in TradingView?

Traders should avoid setting overly ambitious or unattainable TP and SL levels by basing their decisions on thorough market analysis, key support and resistance levels, and sound risk management principles, rather than on arbitrary or emotional factors.

What common mistake do beginners make with TP and SL in TradingView?

A frequent mistake is placing TP and SL orders at random levels or moving them emotionally during trades, which can undermine risk management and lead to increased losses. Proper planning and discipline are advised to avoid this pitfall.

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Team that worked on the article

Upendra Goswami
Upendra Goswami
Contributor

Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.

Learn about our editorial policies
Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK.

Mirjan Hipolito
Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.

Glossary for novice traders
Index

Index in trading is the measure of the performance of a group of stocks, which can include the assets and securities in it.

Investor

An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.

Forex Trading

Forex trading, short for foreign exchange trading, is the practice of buying and selling currencies in the global foreign exchange market with the aim of profiting from fluctuations in exchange rates. Traders speculate on whether one currency will rise or fall in value relative to another currency and make trading decisions accordingly. However, beware that trading carries risks, and you can lose your whole capital.

Volatility

Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.

Bitcoin

Bitcoin is a decentralized digital cryptocurrency that was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers.

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