Hi @nijinwilson
The profit target and stop-loss for our Credit Spread Algos are not based on a fixed multiple of the net premium collected. They are determined dynamically based on the risk associated with each trade, which is evaluated using the Algo’s predefined logic and criteria.
If you’re looking to understand the typical profit and loss characteristics of an Algo, I would request that you refer to the Algo Trade Metrics available under the Performance section.
In particular:
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Average Profit in Trade represents the average profit across all profitable trades.
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Average Loss in Trade represents the average loss across all losing trades.
These metrics provide a much better representation of the Algo’s historical trade behaviour than a single static stop-loss value.
Please refer to the screenshot below for the steps to locate these metrics.
