Static Stop-Loss

The Static Stop-Loss Auto-Sell mechanism is relative to the token price at your position entry.

This means that for the Stop-Loss to be triggered the price needs to fall beneath the set percentage relative to your position entry.

Using Static Stop-Loss in Sniperoo

Static Stop-Loss System

When using the Static Stop Loss strategy, you need to set up the following parameters:

  • Initial static stop loss

Static Stop-Loss Percentage

If the price of the token falls at the provided stop-loss percentage before reaching your first Take Profit level, Sniperoo will automatically sell your entire position.

  • Grid sell / profit-taking system

Static Grid Sell Strategy

Price Increase Column - Set specific price targets that your position wants to reach (e.g. 1.5x, 2x, 5x, 10x etc.)

Tokens Sold Column - Allocate what percentage of your position you want Sniperoo to sell at each price level. Note: The sum of all percentages in this column should always be 100% (i.e. the full amount of your position).

Projected P/L - Projected profit or loss for each grid level adjusted to your entry position size, helping you plan your strategy effectively. In the example above, the projected P/L is with 10 SOL as entry position.

Last updated