Stop loss settings
Use these settings to define when a futures position is stopped.
| Label | Config Parameter | Default Value | Detailed Description |
|---|---|---|---|
| Stop limit | STOP_LIMIT | 999999 | Sets the threshold for triggering a sell or close order to minimize losses. It represents the Return on Equity (ROE) below break-even. Use this to control potential losses. |
| SL disable buy | SL_DISABLE_BUY | false | When enabled, this prevents placing new buy orders once the stop limit is reached. It avoids entering new positions after a significant market movement. |
| SL disable sell | SL_DISABLE_SELL | false | Disables placing new sell orders for a short position once the stop limit is reached. This avoids further selling at potentially unfavorable prices in volatile markets. |
| Buy stop | STOP_BUY | 0 | Places a stop market order a specified percentage below the entry price, for Bitmex markets. Setting the value to 0 disables this feature. |
| Sell stop | STOP_SELL | 0 | Places a stop market order a specified percentage above the entry price for sell orders, for Bitmex only. |