# Setup Statuses
### Setup Statuses
Below the **Comment** field, there is a status line that automatically updates as events related to the setup's conditions occur. The date and time displayed below refer directly to the setup's status.
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The date and time will always correspond to the time of the last status change.
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The terminal uses the UTC timezone, just like all crypto exchanges.
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**Statuses, in brief:**
* ⌛️ **Waiting** - Awaiting trade opening
* 🚫 **Canceled** - A trade with Waiting status was manually closed
* 🚫 **Canceled time in force** - Setup validity period expired, auto-canceled
* ▶️ **Open** - Trade has opened
* 🔘 **SLX Active** - Breakeven stop-loss activated
* ✅ **TP #Profit** - Take profit triggered
* ✅ **Trailing TP #Profit** - Closed by Trailing TP
* **Closed** 🔴/🟢 - Trade manually closed
* **SLX** 🟡 - Breakeven stop triggered (if the author chose the option "Move stop-loss to breakeven when profit = %SL%")
* ❌ **SL #Loss** - Stop-loss triggered
### Waiting
As soon as a setup is placed, it has the ⌛️ **Waiting** status, which means it is awaiting the trade to be opened.
### Canceled
The user can cancel a position at any time, at which point the setup status will change to 🚫 **Canceled**.
### Canceled Time in Force
By default, the lifespan of a setup is 7 days, after which it is automatically canceled. In this case, the status will change to 🚫 **Canceled Time in force**.
### Open
Once the position opens, the status changes to ▶️ **Open**, and along with it, the ▶️ **Entry** line appears.
#### After a position has opened, there are several possible paths for its development:
### SLX Active
If, when creating the setup, the user selected the option to move the SL to breakeven, then upon reaching a profit equal to the SL value (Risk/Reward 1:1), the stop-loss will be moved to the entry point (Entry). At this moment, you will receive a notification about the status change: 🔘 **SLX Active** - Breakeven stop-loss activated; your position is protected from loss.
### Take profit
Upon reaching the profit level, the status will change to ✅ **TP 16.2% #Profit 320.22**, and so will the setup's TP line. 320.22 is the author's profit for this setup.
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Any setup closed in profit is marked with the #Profit hashtag.
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### Trailing TP
If the Trailing TP module is activated in the settings, then upon reaching the specified profit point (TP), Trailing is activated, which automatically pulls the stop-loss along the trend at a distance equal to the setup's SL value. In our case, upon reaching the TP price of 0.00010396, the stop-loss moved to +8.94%, at a distance of -4.01% from the take profit, and followed the price until it reversed. As a result, the trader took less profit than planned.
And here is a second scenario of how Trailing TP can work, where the trader captured almost 17% more profit. The position closed at +13.18% when the price deviated by -1.79% (the SL size) against the trend. The maximum profit for this position reached +14.97%, while the planned profit was 8.81%.
### Closed
A user can close their position at any time. In such a case, its status will change to **CLOSED** 🔴 / 🟡 / 🟢, where the color of the circle depends on the position's profit level.
**CLOSED** 🟢 - Position closed in profit.
**CLOSED** 🟡 - Position closed almost at zero; loss is minimal.
**CLOSED** 🔴 - Position closed at a loss.
### SLX - Breakeven Point
If, when creating the setup, the user selected the option to move SL to breakeven, then upon reaching a profit equal to the SL value (Risk/Reward 1:1), the stop-loss will be moved to the entry point (Entry). If the price returns to the entry point, the status **SLX** 🟡 **0.0% 0.0** will appear.
### Stop-loss
The status ❌ **SL 11.61% #Loss -59.81** occurs when the price reaches the SL value set for the setup.
