Thanks for the replies.

For the record I use Deribit. I'm basically hodling with slight leverage. I want to be risk on above X and cash or delta neutral below.

This is such a common and obvious problem I'm astonished there hasn't been a solution to it already.

Problem: whiplash and stop losses.

I expect everyone has experienced this; you set your stop-loss only for the market to wick you in/out of your position and then promptly rebound in the opposite direction. As a case in point, I recently set a trading view alert for btc crossing a certain value which it did 5 times in one trading day. Very common at inflexion/pivot points on the market. And good luck manually managing that.

So what I'm looking for is a bot (or indeed anything relevant) that would allow me to set a stop-loss as a risk on/risk off point and buy or sell accordingly, not once but as many times as necessary.

Any thoughts appreciated. Sorry if this isn't the right forum.