Trailing Stop Loss - Githubissues

GuntharDeNiro / GunbotAMA

This repo is used to accept user's features requests for Gunbot AMA development

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Trailing Stop Loss #66

Open gurkenwass3r opened 4 years ago

gurkenwass3r commented 4 years ago

It would be nice to have a trailing stop loss to lock in profit in case the TP has not been reached.

set stop as a percentage from entry
activate trailing stop

Once price is moving up (long) from the entry, the stop loss starts trailing with the set percentage.

nikolaos83 commented 4 years ago

I'd very much like to have this implemented. I was thinking about something like this:

When the position becomes profitable, GB can send an exchange-side stop loss order so I wouldn't have to worry about cycle-lag or any other mishap. It would lock-in any profit we have made and prevent possible losses.