Trailing Stop Loss

[mfizz]

I am looking for a program/app that allows me to put in a trailing stop loss order.

For example i buy BTC at $7000 and then slowly it starts to rise. I want to put in that if the current price falls below a set minimum percentage then it will make a trade and sell.

Now i know there exists bots. I don't necessarily want to create strategies.

eg. 7000 goes to 8000 so the new stop loss order is at $7600 then the price falls to $7700 and the stop loss remains at 7600 until it reaches something like 8100 at which point it is not sitting at 7695.

Doesn't something like ztrader or tab trader allow this or any other alternative. The one i have found is 3commas but it takes a 0.25% cut and thats excluding the exchange fees.

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[1715012876]

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[1715012876]

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[The One Who Knocks]

I believe that this kind of request is easily done in python mate. Your requirements doesn't seem to be hard to implement and make a bot whose nature is doing those kind of orders.

Do you have any experience with programming languages?

[BigBoy89]

I am looking for a program/app that allows me to put in a trailing stop loss order.

For example i buy BTC at $7000 and then slowly it starts to rise. I want to put in that if the current price falls below a set minimum percentage then it will make a trade and sell.

Now i know there exists bots. I don't necessarily want to create strategies.

eg. 7000 goes to 8000 so the new stop loss order is at $7600 then the price falls to $7700 and the stop loss remains at 7600 until it reaches something like 8100 at which point it is not sitting at 7695.

Doesn't something like ztrader or tab trader allow this or any other alternative. The one i have found is 3commas but it takes a 0.25% cut and thats excluding the exchange fees.

You need a custom code for this.
It can be easily done for the big exchanges, because they have good API's. You could find capable people to do it in Service section or Freelancer.com
It will cost you some money, but then you will avoid the 0.25% fee on every trade.

[mfizz]

I know very basic javascript. I know php is preferable. Can php be run in the cloud. Freelance looks like the easy route i would like to learn if i can to protect me in the future.

My knowledge of programming is i can see and understand thats about it really.

[masterzino]

I know very basic javascript. I know php is preferable. Can php be run in the cloud. Freelance looks like the easy route i would like to learn if i can to protect me in the future.

My knowledge of programming is i can see and understand thats about it really.

Yes, PHP could be run on the cloud and you could cron your script to check your position every minute.

Write your specification (exactly what do you want and for what exchange) in simplest possible format and look for a programmer to write it.