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How does Trailing stop-buy work?

Track price for better buying with Trailing stop-buy in strategy.

Pete Darby avatar
Written by Pete Darby
Updated over a week ago

When your trading strategy identifies a buy signal for a cryptocurrency and you have Trailing stop-buy enabled, the trading bot will track the price downward until it increases by the percentage you have set for Trailing stop-buy. This allows you to potentially obtain a better buying opportunity than if you had immediately opened a position when the buy signal was identified.

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