TP auto reduction
under review
Алексей Красноперов
Good evening, is it possible to implement the auto-reduce take function? For example, if you enter a position, take 5% is set and, let's say, it decreases every second by 0.5 and to a certain value. After the position is averaged, a combined take of 5% is again set (for example) with auto-reduction to a certain value. With the ability to set the time interval and step to reduce the take.
Vitalii Pryshchepa
I support the request - but it is also important to recalculate the take downward when the first or second averaging order is executed, with the ability to choose after which averaging it is possible to recalculate the take.
Thanks!
Алексей Красноперов
For example, we opened a short position at $100, and the take profit was set at 5% to $95. Then, a second later, the take profit decreases in increments of 0.5% (it moves to $95.5). A second later, to $96. And so it's up to $99.5 and stays there.
It turns out that the take profit automatically decreases at a certain rate at a specified frequency of time. You need to be able to change parameters such as:
- take profit change step (0.5% in the example)
- the frequency of changes in take profit (1 second in the example)
- the threshold where auto-reduction will stop (0.5% in the example)
In general, the essence of the function is to close a deal with a lower profit if you failed to close it with the planned one.
If the position is averaged, the entire autoloading cycle starts all over again.
Finandy Exchange
Алексей Красноперов: I understand the meaning, thank you
Finandy Exchange
marked this post as
under review
It's not clear... Details are needed. Give an example