Stop Loss Protection Custom
Hi team - Very impressed with the product and your team. You guys rock!
I noticed for the protection feature you offer is good but has some limitations.
The current options of:
None, break even (after first TP reached), follow take profit, trail price…
There is a recurring problem where sometimes the TP1 is too close to entry and it will trigger if there is a reverse and then I get stopped out on break even. I dont want to change my TP1 or other TPs as they are based off specific levels.
We need a feature that allows the user/API to specify the parameters to be rule based.
If we can specify: move SL to break even after TP1 or break even after TP2 or even better - CUSTOM:
Move SL to break even OR move SL to a specific price ONLY after set a specific price is reached
Eg. set the stop loss to a certain price once a specific price is hit.
I'd imagine there would be: PROTECTION CUSTOM
Set SL to X
if Price reaches Y (eg TP1 or TP2 but that could all be set by the user/api)
This would prevent premature stop-outs and be able to be specified based off the signal source on the user end when submitting orders.
Thank you! 🙏
Suggested 6 months ago
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