๐ŸŽฎPlacing Stop Loss and Take Profit Orders โ€“๐Ÿ“ฑ

Setting Stop Loss (SL) and Take Profit (TP) in the HunteX bot is an essential part of managing your trades effectively. Here's how you can utilize these features:

  • Accessing SL/TP Panel To set SL or TP, use the special SL/TP Panel located between the Leverage Bar and the Closed Positions section. You can access the panel by tapping the two downward arrows icon.

  • SL/TP for Each Position When opening a position, you can set both SL and TP.

  • Adjusting Settings You can specify either a PnL % relative to the Margin or set a specific amount. When you fill out one field, the other will be auto-estimated for you.

  • Limitations There are some points you canโ€™t exceed while setting SL/TP. Min SL is 45%. Min TP is 15%. Max SL is 90%. Max TP is 180%.

  • Panel Behavior When the SL/TP Panel is expanded, the preferences that are set there will apply to all subsequent orders. Simply collapse the panel to reset the settings.

  • Viewing Set Orders To view the SL/TP orders you've set for a specific position, tap on the Row of your open position at the top of the screen.

  • Display on Chart The liquidation and SL/TP prices are shown as dedicated lines on the chart. These can be switched on or off from the Settings Menu.

This functionality allows you to develop a well-thought-out trading strategy, ensuring that you can manage risks and secure profits without needing to monitor the market constantly.

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