2

Add Error-Handling to Trailing (IMO important)


F
FabMuc

Hello, there's a potentially quite dangerous problem with the trailing, e.g. a simple "Sell -> Limit -> Trailing Stop" (see Screenshot).

The trailing STOPS, if an error happens when trying to modify the limit order.

This routinely happens, if:

  • there is a quick wick in price up and down again while the Trigger and Limit prices are adjusted -> Error, because Stop-Limit would be higher than current price. This happens a lot with small cap coins!

  • there is any problem with the Exchange/API trying to place the order. As orders are placed very often while trailing, the probability is quite high that this happens after a few hours...

This problem is "dangerous", because a user EXPECTS to be "save". He/she does not EXPECT that there is good chance the trailing just stops.

=> There should be some form of exception-handling. At least trying AGAIN to place the order. Or e.g. if price is still below the order: place the order nevertheless. Or adjust it downward to ensure contunuous trailing (revert to the old price, or go even lover).

IMO this is not just some "cosmetical" little problem, but a fundamental problem of trailing, which should be addressed to make this feature (more) usable.

Thanks! :)


A