From 626dfd065ff7f8dffc98a227e9e0629856b97574 Mon Sep 17 00:00:00 2001 From: xmatthias Date: Tue, 26 Jun 2018 20:26:28 +0200 Subject: [PATCH] fix some stoploss documentation --- docs/stoploss.md | 20 ++++++++++---------- 1 file changed, 10 insertions(+), 10 deletions(-) diff --git a/docs/stoploss.md b/docs/stoploss.md index 110cfa0d1..cf6a2bcab 100644 --- a/docs/stoploss.md +++ b/docs/stoploss.md @@ -1,11 +1,9 @@ # Stop Loss support -at this stage the bot contains the following stoploss support modes: +At this stage the bot contains the following stoploss support modes: 1. static stop loss, defined in either the strategy or configuration - 2. trailing stop loss, defined in the configuration - 3. trailing stop loss, custom positive loss, defined in configuration ## Static Stop Loss @@ -16,35 +14,37 @@ will overwrite the strategy definition. This will basically try to sell your ass ## Trail Stop Loss The initial value for this stop loss, is defined in your strategy or configuration. Just as you would define your Stop Loss normally. -To enable this Feauture all you have to do, is to define the configuration element: +To enable this Feauture all you have to do is to define the configuration element: -``` +``` json "trailing_stop" : True ``` -This will now actiave an algorithm, whihch automatically moves up your stop loss, every time the price of your asset increases. + +This will now activate an algorithm, which automatically moves your stop loss up every time the price of your asset increases. For example, simplified math, * you buy an asset at a price of 100$ * your stop loss is defined at 2% * which means your stop loss, gets triggered once your asset dropped below 98$ -* assuming your asset now increases in proce to 102$ +* assuming your asset now increases to 102$ * your stop loss, will now be 2% of 102$ or 99.96$ * now your asset drops in value to 101$, your stop loss, will still be 99.96$ -basically what this means, is that your stop loss will be adjusted to be always be 2% of the highest observed price +basically what this means is that your stop loss will be adjusted to be always be 2% of the highest observed price ### Custom positive loss -due to demand, it is possible to have a default stop loss, when you are in the red with your buy, but once your buy turns positive, +Due to demand, it is possible to have a default stop loss, when you are in the red with your buy, but once your buy turns positive, the system will utilize a new stop loss, which can be a different value. For example your default stop loss is 5%, but once you are in the black, it will be changed to be only a 1% stop loss this can be configured in the main configuration file, the following way: -``` +``` json "trailing_stop": { "positive" : 0.01 }, ``` + The 0.01 would translate to a 1% stop loss, once you hit profit.