8
Closed · done
This request is closed. You can still comment, but it stays closed unless the team reopens it.
Trading
Traling
Take profit/Exit ladder should also have an extra option: Trailing deviation %. It helps for better and safer profit.
Suggested almost 5 years ago
3 comments
[email protected]
What would the deviation % do?
almost 5 years ago
[email protected]
3commas have this great feature. It's wonderful to follow the trend and stop after x% reverse trend.
almost 5 years ago
[email protected]
Example:
Target 1 = 5%
Trailing Deviation = 2%
As soon as the target of 5% is reached, the smart trade starts to "monitor" the price for this target.
The TP "window", which is defined by the trailing deviation of 2%, now shifts with the price.
As soon as the price drops by 2%, the TP order for target 1 is executed.
For example, if the price rises to +8% from the entry and then falls again by 2%, the TP is triggered at +6% instead of at the original +5% without trailing deviation.
almost 4 years ago