Suggestion - Allow use of trailing stop losses

[cyberpunkmetalhead]

Suggestion - Allow use of trailing stop losses

[HighOnBuffs]

Yeah i think its probably the most important feature of this bot to make consistent profit and should be a priority!

[Davidobot]

Recommend closing this issue due to it being resolved.

[CyberPunkMetalHead]

Currently trying out different ways of doing it, but feel free create a pull request if you already have something

[HighOnBuffs]

Awesome to hear you are on it! Im reading currently up on the API documentation to see if something can be done.
Maybe guys over on discord are also working on something?

[ShogunMan]

The bot is really not profitable without trailing SL & a couple of other adjustments.

A good start for implementing TSL would be to store the inital SL & TP as absolute values in coins_bought as 'stoploss' & "takeprofit'. This would allow for easier manipulation of the values later. Having global percentages does not allow for individual coin settings.

Ex: If TP triggers we would add a percentage to the TP and modify the SL accordingly by a percentage, then continue to hold the coin. This would effectively only sell coins at SL, and use the TP trigger to increase the SL.

hmmm maybe do away with market sell orders and hard code a market sale as a stop loss and when the coin goes above what you paid create a sliding limit order to lock profits?

[LewisLebentz]

@Davidobot is it not possible to implement a TSL using Binance's API?

I've used this bot since day 1 and had numerous bugs that have caused it to crash, I'd be more comfortable knowing I can still still secure profits if the script crashes, server dies or loses internet for example.

[Davidobot]

@Davidobot is it not possible to implement a TSL using Binance's API?

I've used this bot since day 1 and had numerous bugs that have caused it to crash, I'd be more comfortable knowing I can still still secure profits if the script crashes, server dies or loses internet for example.

I think it's possible... https://dev.binance.vision/t/multiple-order-failed-in-creating-json-list-for-batchorders-parameter/74

https://dev.binance.vision/t/how-do-i-set-a-stop-loss-stop-loss-limit-trailing-stop-loss-or-take-profit-order-via-the-api/2612