Currently utilizing node-binance-api for trading purposes. I have initiated an order by executing the following lines of code:
let adjustLeverage = await binance.futuresLeverage(coin, 2);
let res_2 = await binance.futuresMarketSell(coin, quantity);
. Subsequently, I am looking to implement a stop loss feature. How can this be achieved?
Everything is in good working order, as shown below:
To execute a buy limit order:
ret = await binance.futuresBuy(future_profit_obj.pair, future_profit_obj.bought_coins, current_price, {
newClientOrderId: my_order_id_market,
timeInForce: "GTC"
});
To set up a stop loss market order:
let ret2 = await binance.futuresMarketSell(future_profit_obj.pair, future_profit_obj.bought_coins, {
newClientOrderId: my_order_id_sl,
type: "STOP_MARKET",
stopPrice: future_profit_obj.stop_loss_price,
priceProtect: true
});
To place a take profit limit order:
let ret3 = await binance.futuresSell(future_profit_obj.pair, future_profit_obj.bought_coins, future_profit_obj.take_profit_price, {
newClientOrderId: my_order_id_tp,
stopPrice: future_profit_obj.take_profit_price,
type: "TAKE_PROFIT",
timeInForce: "GTC",
priceProtect: true
});
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