What 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.
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.
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