Trailing %/ATR
Exit 100% of the current position (by default) if the market is going x% (or ATR) against current position since the last peak price after entering the trade.
Ex: [Order size 100%] [Trailing Market stop at 10%]
-> After entering a long position at 50 000$ BTC price, the market pumps to 60 000$, then dumps to 54 000$ (a 10% dump since last peak price, 60 000$). The current position will be fully exited at 54 000$.
Trailing stop Profit
Please be aware that a Trailing stop profit will only be activated once the market attains the minimum profit threshold for your trailing stop, ensuring a break-even exit at the minimum.
Last updated