Comments (1)
@happmaoo Thanks for your question.
binance-oco won't be able to set a target sell order at 19500 when the price reaches 20000 as:
- doesn't support separate trigger and limit prices for target sell orders, and
- Binance won't allow you to place a STOP-LIMIT sell order at a higher price than the current price; it will return an "Order would trigger immediately" error.
It does support separate stop and limit prices for the stop loss using the -l
option. See https://github.com/tony-ho/binance-oco#stop-limit-and-limit-sell-orders for further details.
To have it monitor with a target limit sell at 20000 and a stop limit sell down to 14000 if the price reaches 14500, use:
binance-oco -p BTCUSDT -a 1 -s 14500 -l 14000 -t 20000
Note that the stop order is always placed first to protect your position. It is only cancelled, and the target order set, once the target price has been reached.
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Related Issues (17)
- OCO Function HOT 6
- This is doing string comparisons, not numbers, for the prices HOT 1
- waitForSellOrderFill(...).finally is not a function HOT 6
- What do you use this for? HOT 1
- Entry, stop and take profit and go sleep HOT 2
- key error HOT 7
- put a trade bellow using the same coin HOT 2
- it did not send the TP for the second trade HOT 2
- Doesn't Consider Fee HOT 3
- Order does not exist HOT 6
- Is this valid for Margin Trading? HOT 1
- Scaled Orders HOT 3
- Feature Request - Safe Exit to USDT after ALT/BTC trade HOT 1
- Feature Request - Set multiple profit target HOT 1
- Scale out logic broken in recent 2.0 update HOT 5
- 2.1.1 Limit sell order error HOT 2
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