Confirmation stop %/ATR
Exit 100% of the current position (by default) if the market is going x% (or ATR) against current position and remain at new price for a specific amount of time.
Ex: [Order size 100%] [Market stop at 10%] [During 2, 1 hour candle]
-> After entering a long position at 50 000$ BTC price, the position fully exit at a loss after the price dropped to 45 000$ and stay below 45 000$ for more than 2 hours (2x1 hour).
If the price drop to 45 000$ and bounce back higher, within 2 hours, the market stop-loss won't be executed. This feature avoid being executed/stop loss during high volatile markets conditions by wicks before market reverses.
Last updated