There is a UseStopLoss3 parameter in the strategy settings, it allows (YES) or not (NO) to use a third stop loss with timed activation. The third stop loss works in the same way as the second stop loss and gives you another level where you can move the stop to Breakeven. For example, if price […]
Why do I need the UseStopLoss3 parameter in the strategy settings? Read More »
The level of the second stop loss in (in %) of the purchase price is set using the SecondStopLoss parameter in the strategy settings.
Where do I set the level of the second stop loss in the strategy settings? Read More »
This can be set in the PriceToSwitch2Stop parameter of the strategy settings. In the field of this parameter, specify the price, as a percentage of the purchase price, at which the stop1 line is moved to the stop2 line.
In the strategy settings, there is the UseSecondStop parameter, it allows (YES) or not (NO) to use the second stop loss. Condition of second stop: “If after TimeToSwitch2Stop for seconds or more the price is higher than PriceToSwitch2Stop, then apply second stop loss, i.e. move stop-loss1 line to stop-loss2 line”. Most often it is used
Why do I need the UseSecondStop parameter in the strategy settings? Read More »
The time in seconds until the second stop is activated can be specified in the TimeToSwitch2Stop parameter.
In which parameter is the activation time of the second stop adjusted? Read More »
This restriction can be set in the AllowedDrop parameter, which sets the level by which the activated stop loss can lower the price, (in %) to the purchase price.
If the strategy is set up to buy short, it is not necessary to change the signs of stop loss values on the Stops tab. That is, if the stop sign in the strategy settings remains negative, then when entering a short position, it will be placed in the red order book above the buy
You need to check the value in the StopLossSpread parameter in the strategy settings, which is responsible for the spread (step) of the Sell order movement when trying to sell the position. If you have StopLossSpread=0.1 set, this is a very small step and the price can quickly fall down, and the step of moving
The StopLoss (first stop) parameter is responsible for this. After buying a coin, this is where the first stop loss is set. In order for the stop loss to be set below the purchase price, you must set it with a negative value.
Delayed stop loss is sometimes useful for MoonShot strategy and not only, there are situations when there was not a blowout, but a sharp sell wall deep into the green order book (BID), the wall stands for a while, disappears, and then the price starts to rise. In this case we could have avoided a
What can a delay be useful for when setting a stop loss on strategies? Read More »
