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Trailing Take-Profit

Written by Dor

Where to find it:

Cornix Dashboard > 'My Bots' page > Create/ Edit > Advanced Settings > Take-Profits > Leveraged Trailing > Personal.


The Take-Profit (Trailing Sell) works very similarly to the Trailing Entry.

The Trailing Take-Profit (Trailing Sell) will be activated once a take-profit order reaches the order price.


When that happens, instead of executing a regular take-profit order and selling the coins at the take-profit price, the bot will create a trailing order that trails the maximum price reached by the specified percentage.
Just like with a regular stop order, once the coin's price drops to the trailing price, the coins will be sold.

Note that by default, Trailing Take-Profit will be activated for each take-profit order reached, in case the trade has multiple take-profit orders. Additionally, note that in some cases, the next take-profit target can be reached while a previous trailing take-profit order is already active. When this happens, instead of creating a new trailing take-profit order, the bot will merge the amount that should have been sold in the new target with the existing trailing take-profit order that is already active.

If your goal is to active the trailing take profit for the last target alone, you can enable the "Only use for the last target" check box:

When it's enabled, Trailing Take-Profit will be activated only when the last take-profit target is reached, but will not be triggered when previous take-profit targets are reached.

* You can select to disable the trailing take-profit by clicking the "Off" option, or selecting a percentage for the trailing take-profit by clicking the Percent button, and then selecting your desired percentage.

Please note that for automated trades with leverage, the bot will automatically divide the trailing percentage by the trade's leverage to keep your effective trailing percentage (learn more on the Automated Configuration Leverage Adjustment).

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