Take profit

MetaTrader 5 says a take profit is intended to close the position when the price reaches that level, and that triggering it closes the entire position. On a long it is set above the Bid and checked on the Bid. On a short it is set below the Ask and checked on the Ask. It cannot exist without a position or a pending order. If the closing deal is rejected, the order stays and is tested on a later tick. A take profit does not improve the fill if the market jumps past the level. The deal is still subject to the symbol's execution rules.