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Take Profit

Mihir Shrestha edited this page Mar 25, 2021 · 3 revisions

What is take profit?

Take profits are basically functions that help the bot exit position when a percentage of profit is secured. Due to the highly volatile status of the market, it's recommended to enable take profit.

What type of take profits are currently supported?

Algobot currently only supports limit take profits. Trailing take profit functionality will be added soon.

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