Profit Loss Detector

You can check this project live on Telegram through this link If the link isn't working, simply open Telegram and search for profitAndLossDetector in the search box.

  • Overview: Manages risk by tracking all active positions and dynamically adjusting stop losses and profit targets.
  • Stop Loss Management: Trails the stop loss for each script as needed, ensuring optimal risk management.
  • Profit Booking: Books profits when a script reaches its maximum profit value, securing gains effectively.
  • Loss Booking: Books losses if a script breaches its maximum loss value, minimizing potential downsides.
  • Information Sharing: Provides the latest position information to other algorithms, enabling them to track profit and loss independently.
  • Real-Time Profit Trailing: Trails profit for each script in real-time, ensuring that once a profit threshold is breached, it prevents any subsequent losses. The trailing moves up as profits increase, locking in gains.
  • Benefit: Ensures that once a profit threshold is reached, the position cannot go into loss, as the algorithm dynamically manages the trailing amount to secure profits.