What parameter adjusts the activation time of the third stop?
The time in seconds until the third stop is activated can be specified in the TimeToSwitchStop3 parameter.
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Strategy settings
In which parameter is the price threshold set after which the stop needs to be moved to the stop3 line?
This can be set in the PriceToSwitchStop3 parameter of the strategy settings. In the field of this parameter, specify the price as a percentage of the purchase price at which the stop line is moved to the stop3 line.
Why do I need the UseStopLoss3 parameter in the strategy settings?
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
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Where do I set the level of the second stop loss in the strategy settings?
The level of the second stop loss in (in %) of the purchase price is set using the SecondStopLoss parameter in the strategy settings.
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What parameter is used to set the price threshold after which stop1 should be moved to the stop2 line?
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.
Why do I need the UseSecondStop parameter in the strategy settings?
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
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In which parameter is the activation time of the second stop adjusted?
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 »
Where in the strategy settings is the level to which a position can be sold after a stop loss has been triggered?
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.
Do I need to change the signs of stop loss parameters in the strategy settings on the Stops tab if the strategy is set up to buy coins short?
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
When a stop loss is triggered I want to sell the position faster, what parameter can I use for this?
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
