Hi,
I’m currently testing a bot with a take-profit condition (without the minimum take-profit filter). However, I’ve noticed that the bot often closes deals at a loss without utilizing all its safety orders.
Is there a way to set a condition so that it only closes at a loss after all safety orders have been used?
Thank you!
The safety order condition triggers whenever it’s true. That’s why you should use minimum take profit to not make it a stop loss.
That’s the thing—I don’t want to use the minimum take-profit setting. Instead, I want the bot to wait and utilize all the safety orders before exiting at a loss. I believe this could be worth trying and might help improve the performance. I understand it’s not possible at the moment.
If your deal uses all safety orders. Did you make sure that the required change after that allows the deal to get closed in reasonable time? Yes, safety orders increase the funds usage of the deal. But they are mainly used to get the deal closed quicker. And by the way, without minimum take profit it could be only a bigger loss as well.