Take Profit / Stop Loss
Easily automate your trading with Take Profit (TP) and Stop Loss (SL) orders on Based Bot. This lets you automatically sell part or all of your position when certain price levels are reached.
How to set it up
Open the Bot & Go to Your Holdings In the token monitor section of the bot, select the token you want to manage. You’ll see a screen like this:
Token monitor Check TP/SL Status If you see red dots next to TP or SL, it means they’re currently disabled.
Toggle to Enable Click on the red dot to turn it green, this enables Take Profit or Stop Loss.
Set Your Trigger Percentage Adjust the % at which the TP/SL should trigger. For example:
TP at +50% will sell if the price goes 50% above your buy price.
SL at -30% will sell if the price drops 30% below your buy price.
Choose How Much to Sell The last button lets you define how much of your bag you want to sell when TP/SL is triggered.
Default is 100% of your position
You can reduce it if you only want to sell a part of your bag.
Video example:
Setting 30% TP and 40% SL
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