Your MT5 Account Can Run Five Take Profits on One Trade and Close a Slice at Each

I bet you didn't know you could do this with an MT5 account. You open one trade, and it carries five take profits. Each one closes its own slice of the position. When the first target fills, the stop moves to entry on its own. Most traders I talk to assume MT5 multiple take profit levels mean opening five separate trades, or sitting there closing bits by hand while price runs. You don't have to do either. The account you already have can do it. The MetaTrader app just never gave you a way to ask.

What the MetaTrader app actually gives you

Credit where it's due. The MetaTrader app places trades well, it shows your positions and it lets you set a stop and a target. The catch is that it's one target. A position in MT5 has a single TP field, so when price reaches it the whole lot closes in one go.

If you want to scale out, the usual workaround is to split the trade into several smaller positions with a different TP on each. That works until you need to move the stop, because then you're editing five positions one at a time on a phone screen while gold moves 300 points. The other option is closing partials manually, which means you have to be watching when price gets there. MT5 does have a basic trailing stop, but it only runs while the terminal has a connection. Lock your phone on the train and it does nothing.

Setting up MT5 multiple take profit levels in Trade By Focus

The person in the video isn't in MetaTrader. They're in Trade By Focus, signed in with their ordinary MT5 login. Pick the broker, type the account number and password, and you're live in a minute or two. The password is used once to start the session and then thrown away. Your money never leaves your broker.

The ladder lives in a preset. Open the preset for the pair, set your lot size and stop, then fill in TP1-TP5. Each level gets a price (or a distance from entry) and a partial close percentage. That percentage is how much of the original position comes off when that level fills.

Here's a gold buy I'd set up to show someone. Entry at market, 1.00 lot, stop below the morning low. The ladder looks like this:

The front loading is deliberate. TP1 sits at a level price has a decent chance of reaching (the nearest obvious liquidity, or about 1R), so you bank a meaningful chunk early. The later levels get thinner because they're less likely to fill, and when they do you want something still in the trade to catch the move. Save it, arm it, and every buy or sell on XAUUSD goes in with this ladder attached. One tap.

What you see on the chart as each target fills

Once the trade's open, the live chart shows your entry line, your stop line and five take profit lines stacked above price. They're draggable. If TP3 sits a few points under a round number you'd rather clear, drag it up and the change goes through.

Say London opens at 08:00 UTC and gold pushes up through the Asian range high. TP1 fills. On the chart the TP1 line disappears, and the Trades tab shows the position down to 0.70 lots with the closed slice booked. Your phone buzzes with a push notification for the fill. You also see the stop line jump from below the morning low to your entry price. That's auto-breakeven doing its job, and it's the bit that changes how the whole trade feels.

Price grinds on. TP2 fills, the line goes and you're down to 0.50 lots. Maybe NY comes in at 13:30 UTC and pushes it further, so TP3 fills and you're holding 0.30. Each step is the same: one line gone, a smaller position, a notification. None of it needs you there. It's all running on Trade By Focus servers, so it carries on while your phone is in your pocket, locked or out of signal.

Why the breakeven after TP1 matters so much

A five target ladder without a stop that moves is just a slower way to give money back. The worst version of a scaled trade is banking TP1 and then watching the remaining 0.70 lots ride all the way back to your original stop. You've technically had a winner and still closed the day red.

I learned this the slow way after a stretch of manually closing half at the first target, then getting distracted by work and coming back to find the rest stopped out for a full loss. The partial had hit. The trade still lost money. It's knackering when it happens three or four times in a fortnight.

With auto-breakeven set to fire at TP1, the remaining position becomes a free trade the moment that first slice is banked. Worst case from there, the rest closes at entry and you keep the TP1 profit. If you want it tighter, there's a cascade option: the stop moves to breakeven at TP1, then up to TP1's price when TP2 fills, then up to TP2 when TP3 fills, and so on. Each completed level locks in the one before it. On a trending day that turns the back half of the ladder into something close to a guaranteed profit.

Letting the last slice run

For the final 0.15 lots, a fixed TP5 can feel a bit stingy on a day gold really goes. You can attach a trailing stop that only switches on at a chosen point. Starting it at TP3 or TP4 works well. Until then the cascade handles protection, and after that the trail follows price up, so the last slice runs as far as the move does. Start it at TP1 and the trail sits too close too early, and a normal pullback will shake you out.

Changing the ladder on a trade that's already open

Plans change mid trade. CPI is due, or price is stalling under a level you didn't spot. Open the trade, tap Manage, and every part of the ladder can be edited live: move a TP, change a partial close percentage, switch breakeven from TP1 to cascade, add or remove the trailing stop. You can drag the lines on the chart instead if that's quicker. If you also split your entry across a zone with a laddered entry, all the legs share this one set of targets, so the exit plan stays the same whichever legs filled.

Afterwards the Journal picks the trade up automatically, and Trade Replay plays it back bar by bar with all five targets drawn on. It's a good way to find out whether your TP4 and TP5 are realistic or whether they've never been touched in a month, which tells you to shift more of the size onto the first two levels.

If you've got an MT5 account, you already have everything you need. Trade By Focus is live at tradebyfocus.com with a 7-day free trial. Sign in with your MT5 login, build a five level ladder on a demo account first, and watch the lines come off the chart one by one.