Im browsing for bot options, and I have probably silly questions about Leonardo.
Is it able to track current pair price, and adjust stop-loss limit sale order?
Let me explain.
On bittrex for example, you can secure yourself with stop-loss order based on price limit. So you bought 1btc for 2500usdt, and you see price is going up. Lets say, its 2700usdt now. You are setting stop-loss order with "equals or less than" price at 2690usdt, and sale price at 2650usdt. So in case of price drop to for example to 2000usdt for 1btc, you should not lose money, it should be sold for 2650usdt, before dropping to 2000usdt.
Thing is, this stop-loss order on bittrex is solid and set on one price & limit.
My questions is - can Leonardo adjust stop-loss limit and sale price, if there will be further rise on btc value/price?
Can it automatically cancel previous stop-loss order, and set it highier if btc price will go further up from 2700usdt?
Can stop loss order be set for example at less than 5% of current price, and automatically FOLLOW current price?
I Hope its clear enough...
I do not want to margin buy, I just want to buy once & secure gains by lifting stop loss automatically with price. Naturally, it will work only if Im expecting price to go up for some time. Thats why, stop loss should be only applied to price rise not price drop. If it will go down, last stop loss order will act, and thats it, full stop.
Btw you GUI is pretty good, only thing I can moan about are too small icons. But its probably same for all short sighted mole people like me
Regards
So you just want it applied to an order. You would like a trailing stop order, right?
Right now that's possible using leonArdo on Bitfinex as their API supports it.
For the other exchanges we have to implement, or more precisely, emulate it. We have added stop-loss, both absolute and relative, to the mArgin maker bot already. It will be added to manual trading and the ping pong bot soon.
I hope that clears up the current state?
Thanks for your enquiry.
Best
Jonathan
Hi, thanks for reply.
I do believe that bittrex have stop-loss order option?
And Bitfinex have trailing-stop.
I was thinking that it could be done from bot-level, not api level - So it need to be emulated for bittrex...
Any idea about possible release date with those changes? months, next year, or sooner?
Regards