# 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.

{% hint style="info" %}
The date and time will always correspond to the time of the last status change.
{% endhint %}

{% hint style="warning" %}
The terminal uses the UTC timezone, just like all crypto exchanges.
{% endhint %}

**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.

<figure><img src="/files/s1IVA5UGKmAHPdbP6ojV" alt=""><figcaption></figcaption></figure>

### Canceled

The user can cancel a position at any time, at which point the setup status will change to 🚫 **Canceled**.

<figure><img src="/files/0e3J96VXIS6U0QQhIm8j" alt=""><figcaption></figcaption></figure>

### 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**.

<figure><img src="/files/pFzaRTl0XlTAJiuzqQuq" alt=""><figcaption></figcaption></figure>

### Open

Once the position opens, the status changes to ▶️ **Open**, and along with it, the ▶️ **Entry** line appears.

<figure><img src="/files/YxqLn68FVD24LUrUFwcP" alt=""><figcaption></figcaption></figure>

#### 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.

<figure><img src="/files/CZ4YJnax3hZ3TJnUrohQ" alt=""><figcaption></figcaption></figure>

### 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.

<figure><img src="/files/vSbPTgrjRhdREOyQp42G" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
Any setup closed in profit is marked with the #Profit hashtag.
{% endhint %}

### 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.

<figure><img src="/files/fb7KeOqBRBkYJkxqaTSW" alt=""><figcaption></figcaption></figure>

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%.

<figure><img src="/files/F5TFGqxRXuknMZ2lFWnL" alt=""><figcaption></figcaption></figure>

### 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.&#x20;

**CLOSED** 🟢 - Position closed in profit.

<figure><img src="/files/HJCi415BixG8HGURToo4" alt=""><figcaption></figcaption></figure>

**CLOSED** 🟡 - Position closed almost at zero; loss is minimal.

<figure><img src="/files/lYw45XhqE333zLnjcYvb" alt=""><figcaption></figcaption></figure>

**CLOSED** 🔴 - Position closed at a loss.

<figure><img src="/files/GyTQVkVJDTT5cTYbjREf" alt=""><figcaption></figcaption></figure>

### 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.

<figure><img src="/files/Mq0Ukeg3VB81t5X7ugie" alt=""><figcaption></figcaption></figure>

### Stop-loss

The status ❌ **SL 11.61% #Loss -59.81** occurs when the price reaches the SL value set for the setup.

<figure><img src="/files/Ql5r4r07h2rF2MQFgG1X" alt=""><figcaption></figcaption></figure>


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