What is a trailing stop? A trailing stop is a stop order that tracks the market price. Its trigger price changes with the market price. Once it's triggered, a market order will be placed. A trailing stop can help you dynamically take profits or stop losses in fluctuating market conditions. You can set an activation price which will determine when the trailing stop is activated.1.

Select Cancel all or cancel to cancel your open ordersHow can I stop a strategy? On the App Go to Trade page > Strategies and select the relevant strategy Select More > Stop > Confirm to stop a strategy Select More once you select the strategy Select Stop from the menu Select Confirm to stop the strategyOn the Web Go to Trade page > Strategies Click Stop to stop a strategy Select Stop to stop the selected strategy

order for {cryptoPair} is successfully triggered System Action Success Stop-loss stop order for {cryptoPair} is successfully triggered System Action Failure Take-profit stop order for {cryptoPair} failed to trigger System Action Failure Stop-loss stop order for {cryptoPair} failed to trigger System Action Success Filled the trailing stop order of {cryptoPair} N/A Failure For any other unexpected events, please refer to our official API Error Code here

Useful when executing order quickly in volatile markets.Trailing Stop A Trailing Stop order dynamically adjusts with market price movements, trailing the market by a predetermined amount. It activates only when the market reverses by that specified amount, closing the trade if the price shifts direction by a set percentage or dollar value.How do I place a Trailing Stop order?

What's Take Profit (TP) and Stop Loss (SL)? Take Profit (TP) and Stop Loss (SL) are parts of One-Cancels-the-Other (OCO) order. OCO order is a pair of orders that are set simultaneously. If one order is triggered and executed, the other order is automatically canceled. This strategy allows traders to manage their trades more effectively by combining both a TP and an SL order.

Additionally, if the lead bot is stopped, the copied bot will also stop automatically, with any assets being sold at market price.15. How can I stop my Spot grid bot? You have multiple ways to stop your Spot grid bot, both manually and automatically: Manually stopping the bot: To stop your bot manually, simply open the Bot Details window and select the Stop button.

Take-profit (TP) price: The Bot will stop working when the price reaches TP price, and the bot will sell all base assets at corresponding market price. Stop-loss (SL) price: The Bot will stop working when the price falls to the SL price, and the bot will sell all base assets at corresponding market price.

Stop your bot: When you stop this bot, the system will cancel all pending orders and sell your crypto at market price. Funds from the sale will be returned to your trading account. Details: View more details about your running bot by accessing the Bot Details page.

It also allows traders to set up stop-loss orders to limit potential losses. It's highly advisable to set up stop-loss orders. By setting up the stop-loss, traders can limit the risks according to their comfort level.What's an example of a Futures DCA bot? Assuming the current price of Bitcoin (BTC) is $25,000, you decide to buy a long BTC contract with value of $10,000 and the take-profit you set is 5%.

Even after maxing out your safety orders, the price never recovers to your take-profit target and instead triggers your stop loss at $2,600.

If the price reaches this level, the bot will stop trading and sell all base assets at the market price. Stop loss (SL) price: another optional setting aiming to limit losses.

Unfilled take-profit or stop-loss orders: If these orders are canceled by risk controls, the system will retry them to ensure you can close the position smoothly, and the strategy continues operating. Unfilled initial order: If the initial opening order is canceled by risk controls, the system will stop the strategy entirely.Exceeding Position Tier Limit In a perpetual Martingale strategy, if your open order causes the total position size to exceed the tier limit, the order will fail.

Learn more about it here.Manage your trading risk with TP/SL Take profit (TP) and stop loss (SL) are crucial elements in trading strategy. Be sure to set and adjust your profit targets and stop loss levels as needed. What's Take Profit (TP) and Stop Loss (SL)? Take Profit (TP): a pre-set order that automatically closes your trade when the price reaches a certain profit level. This helps you lock in gains without having to monitor the market constantly.

Selecting Stop will exit your spot grid positions Check the details of your trade and select Stop to exit itHow many grids are available for me to use? Previously, only up to 300 grids were supported.

Simple and Clear Take-Profit and Stop-Loss Rules - Avoid complex conditional judgments. It's recommended to set based on profit/loss percentage, such as "take profit when return reaches (0.5%-2%) × leverage multiplier, or set take-profit and stop-loss directly based on price movement percentage." Defined Leverage Range - Specify the allowed leverage multiplier range to help the AI control risk, such as "use 5x leverage."