A Combined Exit makes use of two Profit Targets with a single Stop Loss, this technique is also known as "Scaling Out" or "Taking money when the market makes it available”.

After entering a trade you split the number of shares or contracts in half and proceed as follows:-

Stock Combined Exit 

After placing a trade you should create two Bracket Sell Orders, splitting the total number of shares between the two orders.

The first order uses the Lower Profit Target and the Stop Loss.

The second order uses the Higher Profit Target and the same Stop Loss.

If the Lower Profit Target is reached half the shares will be sold automatically by the first Bracket order. After this has happened you should halve the Stop Loss on the remaining shares. The easiest way to do this is to add the Signal price to the Stop Loss and divide the total by two, then adjust the Stop Loss in your brokerage platform.

New Stop Loss = (Original Stop Loss + Signal price) / 2 

Option Combined Exit 

After placing a trade you should create three alerts in Tradingview. One alert each for the the Lower Profit Target, the Higher Profit Target, and the Stop Loss.

If the Stop Loss is reached you sell all the contracts, if the Lower Profit Target is reached you sell half of the contracts, and if the Higher Profit Target is reached you sell the remaining contracts. 

If the Lower Profit Target is reached you should halve the Stop Loss alert by adding the Signal price to the Stop Loss and dividing the total by two. 

New Stop Loss = (Original Stop Loss + Signal price) / 2

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