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General Discussion / TSSL (sell) Question
« on: February 13, 2018, 10:38:13 PM »
I would appreciate any clarification you could provide me on when the bot should sell.
Here are some generic numbers for easy math.
Buy Price: 1
Gain: 6%
Sell Range: 4%
My question is, what price would the bot make its first sell using TSSL? I ask this wanting to know the minimum, I realize if it goes up a lot it will sell at some unknown number, I'm just wanting the minimum.
I see it as the following. The TSSL range will be set around 1.06 based on my minimum gain. So 1.10 and 1.02 respectively. So, if the price drops back to 1.02, it should sell?
Or, I could be completely wrong, and the gain sets my minimum gain. So the price would need to go from 1 to 1.04 to 1.08 to 1.12 and then drop back to 1.08 to trigger the sale that would be above my gain setting?
Thanks in advance for your help!
Here are some generic numbers for easy math.
Buy Price: 1
Gain: 6%
Sell Range: 4%
My question is, what price would the bot make its first sell using TSSL? I ask this wanting to know the minimum, I realize if it goes up a lot it will sell at some unknown number, I'm just wanting the minimum.
I see it as the following. The TSSL range will be set around 1.06 based on my minimum gain. So 1.10 and 1.02 respectively. So, if the price drops back to 1.02, it should sell?
Or, I could be completely wrong, and the gain sets my minimum gain. So the price would need to go from 1 to 1.04 to 1.08 to 1.12 and then drop back to 1.08 to trigger the sale that would be above my gain setting?
Thanks in advance for your help!