Preset TP/SL, that is, set a take profit and stop loss in advance for the position to be opened. When the user opening a position, you can click to set the take profit and stop loss at the same time. When the order is opened, the system will immediately set the take profit and stop loss order with the trigger price set by the user.
1. Before opening a position, check TP/SL to enter the setting page.
2.Set the take profit and stop loss
SuperEx supports setting TP/SL in three ways: price, PnL and %PnL to help users manage their positions. After setting the TP/SL, click Advanced to select the suitable way for you according to your needs.
Price:
The user needs to set the trigger price and order price. The order price can be limit/market based. When the market fluctuates to the trigger price, the position will be closed limit/market according to the settings. For limit orders, when the trigger price is reached, the system will open orders according to the limit price, and the transaction rules are consistent with ordinary limit orders.
PnL:
Users need to set a limit for TP/SL, when the profit or loss of a position reaches the set limit, the position will be closed according to the market price.
%PnL:
The user needs to set a earning rate for TP/SL. When the earning rate of the position reaches the set ratio, the position will be closed according to the market price.
By default, it is only necessary to set the TP/SL trigger price. When the market fluctuates to the trigger price, the position will be closed according to the market price.
By default, users need to set TP/SL both, users can also select only take profit or stop loss based on their needs. Uncheck (Take profit/Stop Loss) on the advanced page to cancel the corresponding settings.
3.Setup Complete
After opening a position, the preset TP/SL will be set synchronously. Users can view or cancel the TP/SL setup on the current TP/SL page.