The Parlay Staking Plan lends itself to having an inbuilt Target and Stop Loss. For a full description see - https://www.thestakingmachine.com/staking_plans/parlay/
In order to showcase the Target and Stop Loss I am using the following Parlay Staking Plan Settings.
Every time the series is reset (After 2 Winning Bets in a row) the word 'Target' is added to the Flag Column. Every time the stop loss is hit (After every losing bet), the word 'Stop Loss' is added to the Flag Column.