Trading Rules
Rules you add to a bot's trades.
- Breakeven stop. Move the stop to your entry, plus fees, once the trade has moved in your favour.
- Trailing stop. Keep the stop a set distance behind the best price; it only moves in your favour. Where several of your bots share one stop on a pair, the move changes that shared stop for all of them.
- Take-profit split. Choose how much of each position closes at each take-profit.
- Time stop. Close a filled trade after the number of hours you set.
- Entry filters. Trade only on the days and hours you choose, long-only or short-only, skip wide stops, one trade per pair.
- Cooldown after a loss. After a losing trade or a losing stop-out, pause new entries on that pair or the whole account. 24 hours by default; you set the hours.
Stralines recommends no rule and no value: the choice is yours. Not every rule is available on every exchange. Try a new rule on a demo (testnet) account first.