Hi, looks like creating KuCoin futures orders is no trouble with this tool. Is it possible to also specify take profit and stop loss while submitting the order? I don’t see it in the docs here but wanted to double check:
https://tradingview.to/kucoin
Thanks!
Any news here? I’m also looking for a solution. Thanks & BR
@Lucem could you please update us on this? It is a feature on demand.
Hi Team,
Could you please put this on the list of features to actually roll out and implement? Everything works well. I even worked out issues with exiting of orders for futures with one of the developers. Please please put this in place. More importantly stop loss.
This feature has been added to Kucoin and its available to test at the moment.
Hold tight on the updates section @human @Dirk.Muelller @bigwcr
Example: buy DOGEUSDTM c=futures sl=0.226 tp=0.238 l=6X q=1
Hi Lecum,
I think it would be more helpful if we could set a percentage loss against entry. I would think most automation is set on price action and not set price but that just might be me.
For example, I have a trigger to market buy asset and the price is 10$, I want to automatically set a 30% stop with the order which would be a stop at $7.
Thanks in advance. You guys rock btw.
Hello @bigwcr
Could you clarify a bit, because the feature you mention sounds like it is already implemented?
We support TP & SL as a percentage in Kucoin. Going by your example, assuming asset A is $10, then BUY XXXUSDTM Q=10 SL=30% would place my stoploss at the same $7 price.
If this is what you meant, then it is already in place.
Thanks yes that is what I had in mind. I did not know that was an option.
Awesome! Test it and let us know what you think of it.
Hi Tash,
I tested the SL feature as described and it did not work as intended. The system ends up reading it as just a buy order.
Hello @bigwcr
Could you please share with me the command you used to test? This is because the order opened is a reduced-only order under the advance orders section.
This type of an order can only be used to close an open position. You may see the same order price in the open position section, indicating the price as the stop loss.
HI Tash,
Yes, you are correct. I was not aware of the behavior. Thanks for the update!
Hi There,
I am trading stock perps on kucoin but I’m having a hard time understanding the stop loss setting with a 30% stop.
When manually input a 30% stop has a price of 391.
Hello @bigwcr
The stoploss is calculated as a percentage from your entry price.
For example, SELL TSLAUSDTM q=1 sl=30% c=futures l=5 your entry price is TSLA is 384.06.
The stoploss is placed at a price 30% away from your 384.06 entry which is calculated as follows:
SL= Entyr +30% offset since it is a sell.
30% of 384.06 = 115.22
115.22 + 384.06 = 499.28
Your SL will be placed at the price level of about 499.28.
Hi Tash,
The stop loss functionality shouldn’t be based on the underlying especially given futures with leverage. It should mirror the stop loss functionality that Kucoin has inherently which is a percentage stop loss of P/L. With the way its currently calculated you’re effectively creating a 300% stop loss.
@Lucem give us your thoughts on this suggestion. Would require a new feature.
I can adjust on my end though. I could just set a 3% stop loss instead of 30% which would effectively do what I need.
But it is also good to have a look at your suggestion for the future.
