search

hadialaddin / crypto-genie

Suite of advanced automated trading bots and risk management tools to empower Day Traders and enable them to stick to their Trade Plans.
https://linktr.ee/hadialaddin
MIT License
62 stars 21 forks source link

Chase order for stop loss (limit + post only) feature #32

Open ingnelson opened 2 years ago

ingnelson commented 2 years ago

Hello.

Is it possible to add a chase order ( limit order + post only) for stop loss ? .

Example : I am in a long trade . Current price : 50,000 Chase Stop loss : 49,995

If current price goes down to 49,995 the bot execute a "chase stop loss order".

So the may goes to down 10 point for example , but the bot chase the current price 0.5 point away and when the prices come up 0.5 point it will touch the limit order for the stop loss .

I think this would be handy , because we all use leverage and a market stop loss with leverage has a great impact in our account . It would be great has that option .

hadialaddin commented 1 year ago

I have a Chaser in the newest code pushed, but for TPs. Feel free to play around with it and see if you can build that out?