Support Board
Date/Time: Fri, 18 Apr 2025 04:17:29 +0000
Post From: A trailing short or long position strategy trigger
| [2025-03-26 13:50:43] |
| User580028 - Posts: 15 |
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Hello how are you doing today thank you for your response after doing a little bit of research there is a such thing called a trailing take profit if you have a profit target set up and the market reaches that target instead of exiting out of the trade it'll open up a trail that deviates behind the market at whatever specified price you decide i've used this feature many times on the website three commas and Binance they also offer this on quant tower I know you said it didn't make sense so I had to do double check to make sure even though I knew that I've used it I also have attached a few screenshots to show you proof and maybe you will be able to see what I'm talking about thank you I will also like to add I followed the instructions you gave me yesterday about setting up a triggered trail stop limit order under the main tab I select a trigger price of 5805.50 and for some reason when I set to stop for 5806.50 will always open the order up at the stop perimeter value instead of the trigger price I added two blue lines to the chart so you can see both the trigger and stop price if this is a trigger order shouldn't the price trigger at 5805.50 and then set a stop at 5806.50 and trail the price down and it'll stay deviated by four ticks and if the price turns back around whatever the stop price becomes relative to the deviation from the trigger price it'll get me in for a long position I don't get why it's doing this i'll send a screenshot to show you Date Time Of Last Edit: 2025-03-26 14:10:41
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