Static Stop-Loss
Last updated
Last updated
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.
When using the Static Stop Loss strategy, you need to set up the following parameters:
Initial static stop loss
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
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.
