Hi all,
I'm not sure if this is possible or has been created before but can a Gekko Strategy be used to manage a current trade. Crypto exchanges aint the best for risk management and i wondered if you could fire up a bot to execute a sell at a determined price, one for a stoploss and the other for a take profit.
Has anyone any idea on how to make this work? I understand it will be a manual process to add a price into the strat and fire up the bot, but if it can be used as a solid automated risk management bot, this would not only be a counter to coinegy but will be a great tool for traders who like to control the entry and exit but need sleep at some point in the the day.
NOTE: this strat doesnt require a buy option.
Thanks
Kris
I'm not sure if this is possible or has been created before but can a Gekko Strategy be used to manage a current trade. Crypto exchanges aint the best for risk management and i wondered if you could fire up a bot to execute a sell at a determined price, one for a stoploss and the other for a take profit.
Has anyone any idea on how to make this work? I understand it will be a manual process to add a price into the strat and fire up the bot, but if it can be used as a solid automated risk management bot, this would not only be a counter to coinegy but will be a great tool for traders who like to control the entry and exit but need sleep at some point in the the day.
NOTE: this strat doesnt require a buy option.
Thanks
Kris