Please add this feature when SL on a bot is activated.
In dumps periods like this, it will result in massive loss, trade after trade,
bot will automatically enter a new trade -> SL will hit -> repeat and rinse :))
There should be a safety feature to pause the bot after SL was hit => that means something went wrong and you need to check market conditions or tweak some settings/pairs/blacklist that pair etc.
Risk management should be a key thing here, every strat works until it doesn't.... the only way to overcome this is through risk management & securing your profits.
Activity Newest / Oldest
"a safety feature to pause the bot after SL was hit =>" "Risk management should be a key thing here"
God yes! The ability to Close All Trades & Pause Bot would be a worthy implementation for this platform. I guess you could call this an Exit Strategy?
Excellent suggestion HefaistoS.