KuCoin: Limit Sell Orders

The KuCoin Limit Orders works exactly like the Gate.io price triggered Orders.

Sell all your Coins:

When your Take Profit (takeProfitTrigger) and Stop Loss (stopLossTrigger) gets hit the sell order gets activated and will be a limit sell order in the Orderbook. The Orders will be placed at the takeProfit or stopLoss Price. To be sold immediately the takeProfit or stopLoss Price has to be lower than the takeProfitTrigger or stopLossTrigger.

When in doubt how to set these Paramters just do your takeProfitTrigger and StopLossTrigger and set the takeProfit and stopLoss both to 0. The Bot will calculate the values accordingly.

• takeProfitTrigger: the price when you want to sell with a profit

• takeProfit: the actual price of the take profit

• stopLossTrigger: the price when you want the stop loss to sell your coins to avoid a big loss

• stopLossLimit: the actual price of the stopLoss

You want all your coins to be sold when the stop Loss is hit?

If you dont understand how to place your stopLossLimit can just set the stopLossLimit to 0 and the Bot will calculate the stopLossLimit automatically.

"takeProfit" : 0,

"stopLoss" : 0

The Bot will calculate the stopLossLimit = stopLossTrigger * 0.7 this should be low enough to sell all your coins immediately. The Exchange will try to fill your order at the best Price possible.

KuCoin: Limit Sell Orders

The KuCoin Limit Sell Orders are like the price Triggered Orders for Gate.io. You have four Parameters to edit. The takeProfitTrigger, the takeProfit, the stopLossTrigger and the stopLossLimit

{
...
    "createLimitSellOrder" : "True",
    "takeProfitTrigger": 1.15,
    "takeProfit": 0,
    "stopLossTrigger": 0.90,
    "stopLossLimit": 0, 
...
}

Calculation of the Prices:

This is the intern calculation of the Prices:

• takeProfitTrigger, the price that activates the Limit Sell Order: buyPrice * takeProfitTrigger

• takeProfit, the limit price of the actual Limit Sell Order: buyPrice * takeProfit

• stopLossTrigger, the price that activates the Limit Sell Order: buyPrice * stopLossTrigger

• stopLossLimit, the limit price of the actual Limit Sell Order: buyPrice * stopLoss

If you put takeProfit and/or stopLoss as 0:

• takeProfitTrigger, the price that activates the Limit Sell Order: buyPrice * takeProfitTrigger

• takeProfit, the limit price of the actual Limit Sell Order: buyPrice * (takeProfitTrigger * 0.7)

• stopLossTrigger, the price that activates the Limit Sell Order: buyPrice * stopLossTrigger

• stopLossLimit, the limit price of the actual Limit Sell Order: buyPrice * (stopLossTrigger * 0.7)

The first time is might sound complicated but it isnt, believe me. The two important parameters are the takeProfitTrigger and the stopLossTrigger. Those two are the Price when the Limit Sell Order get activated on the Oderbook. This is your normal take profit price, or stop loss price.

The takeProfit or the stopLoss have to be lower than the takeProfitTrigger or stopLossTrigger. This takeProfit and stopLoss will be the prices of the Limit Sell Order on the Orderbook. The Order to be filled immediately the price has to be lower then the current price. When the current price moves below your takeProfit or stopLoss the coins will remain in the Orderbook and dont get sold.

takeProfitTrigger > takeProfit

stopLossTrigger > stopLoss