CryptoGnome / Bybit-Lick-Hunter-v4

Lick Hunter is a free trading bot for Bybit built in Node.

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Add limit tp (can't make limit sl as far as I know)

gtmoon32 opened this issue · comments

I have noticed the current way tp and sl orders are placed are executed by a market order. This has caused a lot of bad fills that are not where the designated tp or sl was wanted. Adding the option to execute these as limit orders will make sure the tp and sl is executed at the desired price no matter what. With the way limit orders and bybit tp and sl system works, we would not be able to place a limit order for the sl but we can for the tp. This means we would continue using the designated system for sl but for a tp we would need to actually create a limit order in the order book of the pair at the desired percent. I don't think there is any possible way to make the sl a limit order, but there is with certainty a way to make the tp a limit order and this will greatly improve profit and testing.

commented

I will add this

commented

Have a look, it now possible

Nice feature, it effects the fees very much as well.