How to use Take Profit?

Take Profit is a pending order that is set for an order to close at a specific quote to collect profit. 

Example: If you open a BUY order, you expect that the price will rise. You can set a TAKE PROFIT order at a quote that is above the price opening or current price. If the price reaches this level, the order will close and secure the profit. 

Take note: Take Profit is often displayed as TP.