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stop loss documentation added

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misagh 2019-01-16 19:22:06 +01:00
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docs/stoploss.md
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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
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.
!!! Note
All stoploss properties can be configured in eihter Strategy or configuration. Configuration values override strategy values.
All stoploss properties can be configured in either Strategy or configuration. Configuration values override strategy values.
Those stoploss modes can be `on exchange` or `off exchange`. If the stoploss is `on exchange` it means a stoploss limit order is placed on the exchange immediately after buy order happens successfuly. This will protect you against sudden crashes in market as the order will be in the queue immediately and if market goes down then the order has more chance of being fulfilled.
In case of stoploss on exchange there is another parameter called `stoploss_on_exchange_interval`. That means the interval in seconds the bot will check the stoploss and update it if necessary. As an example in case of trailing stoploss if the order is on the exchange and the market is going up then the bot automatically cancels the previous stoploss order and put a new one with a stop value higher than previous one. It is clear that the bot cannot do it every 5 seconds otherwise it gets banned. So this parameter will tell the bot how often it should update the stoploss order. The default value is 60 (1 minute).
## Static Stop Loss