๐Ÿ’นWhat is Trailing take-profits?

This function monitors the ATL(All Time Low) from the point of order and automatically places a stop order depending on the rate of price increase from the bottom.

How does it work?

As an example, set the Fungle parameters as follows. Pump 70% Correction 20%

  1. Fungle will start monitoring the price of the ATL in real-time.

  2. When Fungle detects that the price has increased by 70% from the ATL, the Trailing take-profit option starts to work and waits for the ATH to end.

  3. When the price falls by 20% from the ATH, a sell order is placed.

โ†“Fungle,Multi Trading Platform for Cryptโ†“ ๐ŸŒ Web : https://www.fungle.io/ โœˆ๏ธ Telegram : https://t.me/Fungle_io ๐ŸŽฎ Discord : https://discord.gg/NuMC99HSd8 ๐Ÿค Twitter : https://twitter.com/Fungle_io

PreviousWhat is Trailing stop-loss?NextWhat is Buy the dip?

Last updated