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Update Orders Examples

Examples of changing the stop-loss and take-profit after a position is open. MOVE_STOP_LOSS replaces both protective orders with the prices in the signal, so always send every level you want to keep.

Move Stop Loss to Break Even​

{
  "strategy_key": "your_strategy_key_here",
  "exchange": "BINANCE",
  "ticker": "BTCUSDT.P",
  "position_side": "MOVE_STOP_LOSS",
  "stop_loss_price": 50000,
  "take_profit_price": 55000,
  "reason": "Move to break even after 1:1 RR"
}

Update Both SL and TP​

{
  "strategy_key": "your_strategy_key_here",
  "exchange": "BINANCE",
  "ticker": "BTCUSDT.P",
  "position_side": "MOVE_STOP_LOSS",
  "stop_loss_price": 51000,
  "take_profit_price": 58000
}

Progressive Stop Loss Trail​

// Entry at 50000, initial SL at 48000, TP at 60000

// Price reaches 52000 - move SL to entry
{
  "strategy_key": "your_strategy_key_here",
  "exchange": "BINANCE",
  "ticker": "BTCUSDT.P",
  "position_side": "MOVE_STOP_LOSS",
  "stop_loss_price": 50000,
  "take_profit_price": 60000
}

// Price reaches 54000 - trail SL
{
  "strategy_key": "your_strategy_key_here",
  "exchange": "BINANCE",
  "ticker": "BTCUSDT.P",
  "position_side": "MOVE_STOP_LOSS",
  "stop_loss_price": 52000,
  "take_profit_price": 60000
}

// Price reaches 56000 - trail SL and extend TP
{
  "strategy_key": "your_strategy_key_here",
  "exchange": "BINANCE",
  "ticker": "BTCUSDT.P",
  "position_side": "MOVE_STOP_LOSS",
  "stop_loss_price": 54000,
  "take_profit_price": 62000
}

Remove Orders for Manual Management​

{
  "strategy_key": "your_strategy_key_here",
  "exchange": "BINANCE",
  "ticker": "BTCUSDT.P",
  "position_side": "CANCEL_ORDERS",
  "cancel_stop_loss": true,
  "cancel_take_profit": true
}

Without a stop-loss the position is unprotected. Only do this when you manage the exit yourself.

Paper bots​

Paper bots have no exchange-side stop-loss or take-profit orders, so MOVE_STOP_LOSS and CANCEL_ORDERS have no effect there. Close paper positions with a CLOSE signal.