Stoploss Cooldown Features & Emergency Stoploss features.

This features actually prevent triggering stoploss at the time of liquidation period when price moves very large amount but for a short while.

Advantages: Prevent traders account to unwanted execution of stoploss order at the time of fast price movement & after Absorption / exhaustion period over price moves back quickly.

Stoploss Cooldown features:

  1. Trader will set a stoploss price along with cooldown time.

  2. When price reach to SL price, Cooldown time will start.

  3. After end of cooldown time if price still within SL price then SL order will trigger instantly at market price.

  4. On the other hand, After end of cooldown time if price reverse back from SL price then SL order will not trigger.

Emergency Stoploss Features:

  1. After end of cooldown time if price further goes against trader, in this case to prevent big loss, trader will set a emergency SL order beyond Main SL order.

  2. If price reaches into emergency SL price, then cooldown time will deactivate & Emergency SL order will trigger instantly at Market price.

Hope Every respected traders will support this features.

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Upvoters
Status

In review

Board

💡 Feature Request

Date

10 months ago

Author

rujasec

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