A helper to calculate stoploss value from absolute price.
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@@ -639,6 +639,47 @@ Stoploss values returned from `custom_stoploss` must specify a percentage relati
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Full examples can be found in the [Custom stoploss](strategy-advanced.md#custom-stoploss) section of the Documentation.
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!!! Note
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Providing invalid input to `stoploss_from_open()` may produce "CustomStoploss function did not return valid stoploss" warnings.
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This may happen if `current_profit` parameter is below specified `open_relative_stop`. Such situations may arise when closing trade
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is blocked by `confirm_trade_exit()` method. Warnings can be solved by never blocking stop loss sells by checking `sell_reason` in
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`confirm_trade_exit()`, or by using `return stoploss_from_open(...) or 1` idiom, which will request to not change stop loss when
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`current_profit < open_relative_stop`.
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### *stoploss_from_absolute()*
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In some situations it may be confusing to deal with stops relative to current rate. Instead, you may define a stoploss level using an absolute price.
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??? Example "Returning a stoploss using absolute price from the custom stoploss function"
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Say the open price was $100, and `current_price` is $121 (`current_profit` will be `0.21`).
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If we want a stop price at $107 price we can call `stoploss_from_absolute(107, current_rate)` which will return `0.1157024793`. 11.57% below $121 is $107, which is the same as 7% above $100.
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``` python
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from datetime import datetime
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from freqtrade.persistence import Trade
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from freqtrade.strategy import IStrategy, stoploss_from_open
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class AwesomeStrategy(IStrategy):
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# ... populate_* methods
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use_custom_stoploss = True
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def custom_stoploss(self, pair: str, trade: 'Trade', current_time: datetime,
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current_rate: float, current_profit: float, **kwargs) -> float:
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# once the profit has risen above 10%, keep the stoploss at 7% above the open price
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if current_profit > 0.10:
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return stoploss_from_absolute(trade.open_rate * 1.07, current_rate)
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return 1
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```
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Full examples can be found in the [Custom stoploss](strategy-advanced.md#custom-stoploss) section of the Documentation.
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## Additional data (Wallets)
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