What is the purpose of the “Auto Panic Sell If price drops < [actual buy] -ХХ%" setting on the MoonBot terminal's Settings - Main tab?

In the MoonBot terminal in the tab Settings – Main, if you don’t put a tick mark near the parameter “Auto Panic Sell If price drops < [actual buy] -ХХ%", then when you buy a coin manually, a stop loss will not be set and a Sell order will open without a stop loss. If you need to trade manually with a stop loss, then you should put a tick mark next to this parameter and set the slider to the desired level, corresponding to the distance from the buy price to the stop. The slider allows you to set stop values from -10% to +5%. If, for example, you set the slide to -2%, the stop will be set to -2% of the purchase price after the coin is purchased. Setting this parameter depends on what kind of stops you usually trade with, some trade with -1% short stops and some purposely set stops higher, depending on the volatility of the coin, so that if the price falls suddenly and bounces up later, you will not be quickly knocked out of the trade. Keep in mind that the stop-loss line is visible only in the bot, and the stop-loss is not exposed at the exchange. The principle of closing a position is as follows, once the price has crossed the stop line in the bot, the bot's internal algorithm switches on the Panic Sell function and initiates an urgent sale of the position at the market price, for which it abruptly lowers a Sell order with the specified stop spread in the green order book and tries to find buyers.