@debut/plugin-dynamic-takes NPM

@debut/plugin-dynamic-takes

The Debut plugin for setting take and stop prices in manual mode. Allows you to set or change stop and take prices for open positions at any time using their identifier. It also allows you to optionally make fill-ups instead of closing unprofitable positions.

Install

npm install @debut/plugin-dynamic-takes --save

Settings

Name	Type	Default value	Description
trailing	boolean	false	trailing a stop position after setting the takes and stops
ignoreTicks	boolean	false	ignore ticks, because it often happens that stops can be knocked out by the shadow but not the body of the candle
maxRetryOrders	number	0	Sets the number of buybacks

Plugin API

Name	Description
setTrailingForOrder	start trailing for a single target order
setForOrder	setup stop and take prices for signle order, setting up by passed options parameters
getTakes	get take and stop price for order from plugin state

* The rebates are always of the same size as the original position. They are executed when the stop of the last created trade reaches the stop. Stop levels will be copied from the original trade.

*** If the number of pending orders is not set, the position will be closed when the stop is reached.

When the maximum number of pending orders is reached, the system will set takeovers to the breakeven level on all trades, and if the price does not turn around, all previously created trades will be closed at a loss.

Takeaway setting

// in context of Debut...
async onCandle({ c }) {
    // some entry conditions
    const order = await this.createOrder(target);
    let take = c + c * 0.15; // Assume 15%
    let stop = c - c * 0.10; // And the stop is 10%

    // If the trade is of the SELL type, swap the stop and take positions
    if (target === OrderType.SELL) {
        [take, stop] = [stop, take];
    }

    // Hand over the cid (client-id) to the price plugin.
    // Then it will monitor when it reaches a take or stop
    // after which it will automatically close the trade
    this.plugins.dynamicTakes.setForOrder(order.cid, take, stop);

    return order;
}