04-12-2018, 10:57 AM
(04-08-2018, 07:22 PM)bitsnpcs Wrote: Hi there
Very new to trading and just got this up and running and I have to say its very impressive.
Initially I was hoping to use the software to make simple take profit/stop loss calls at binanace, is this possible? and if so what is the way to program the software to for example
Buy order 0.0255555 AION/ETH
Sell orders 1-10% 2-30% 3-50% 40-100%
Stop Loss -10%
Thank you in advance I am still learning And I am sure I will use the strategies at some point but for now want to keep things simple
You cannot pass take profit or stop loss orders, only market price orders.
However you could create a custom strategy that continually checks for market price and takes profit or sells at predefined prices. But remember Gekko will only check the price once the candle is closed. So you could sell below your initial target (Gekko can check price every 1 minute candle).
A while ago I implemented a stop loss on one of my strategies to test it. You could call it a "soft" stop loss.