Setup Statuses

Setup Statuses

Below the Comment field, there is a status line that automatically updates as events related to the setup's conditions occur. The date and time displayed below refer directly to the setup's status.

The date and time will always correspond to the time of the last status change.

The terminal uses the UTC timezone, just like all crypto exchanges.

Statuses, in brief:

• ⌛️ Waiting - Awaiting trade opening

• 🚫 Canceled - A trade with Waiting status was manually closed

• 🚫 Canceled time in force - Setup validity period expired, auto-canceled

• ▶️ Open - Trade has opened

• 🔘 SLX Active - Breakeven stop-loss activated

• ✅ TP #Profit - Take profit triggered

• ✅ Trailing TP #Profit - Closed by Trailing TP

• Closed 🔴/🟢 - Trade manually closed

• SLX 🟡 - Breakeven stop triggered (if the author chose the option "Move stop-loss to breakeven when profit = %SL%")

• ❌ SL #Loss - Stop-loss triggered

Waiting

As soon as a setup is placed, it has the ⌛️ Waiting status, which means it is awaiting the trade to be opened.

Canceled

The user can cancel a position at any time, at which point the setup status will change to 🚫 Canceled.

Canceled Time in Force

By default, the lifespan of a setup is 7 days, after which it is automatically canceled. In this case, the status will change to 🚫 Canceled Time in force.

Open

Once the position opens, the status changes to ▶️ Open, and along with it, the ▶️ Entry line appears.

After a position has opened, there are several possible paths for its development:

SLX Active

If, when creating the setup, the user selected the option to move the SL to breakeven, then upon reaching a profit equal to the SL value (Risk/Reward 1:1), the stop-loss will be moved to the entry point (Entry). At this moment, you will receive a notification about the status change: 🔘 SLX Active - Breakeven stop-loss activated; your position is protected from loss.

Take profit

Upon reaching the profit level, the status will change to ✅ TP 16.2% #Profit 320.22, and so will the setup's TP line. 320.22 is the author's profit for this setup.

Any setup closed in profit is marked with the #Profit hashtag.

Trailing TP

If the Trailing TP module is activated in the settings, then upon reaching the specified profit point (TP), Trailing is activated, which automatically pulls the stop-loss along the trend at a distance equal to the setup's SL value. In our case, upon reaching the TP price of 0.00010396, the stop-loss moved to +8.94%, at a distance of -4.01% from the take profit, and followed the price until it reversed. As a result, the trader took less profit than planned.

And here is a second scenario of how Trailing TP can work, where the trader captured almost 17% more profit. The position closed at +13.18% when the price deviated by -1.79% (the SL size) against the trend. The maximum profit for this position reached +14.97%, while the planned profit was 8.81%.

Closed

A user can close their position at any time. In such a case, its status will change to CLOSED 🔴 / 🟡 / 🟢, where the color of the circle depends on the position's profit level.

CLOSED 🟢 - Position closed in profit.

CLOSED 🟡 - Position closed almost at zero; loss is minimal.

CLOSED 🔴 - Position closed at a loss.

SLX - Breakeven Point

If, when creating the setup, the user selected the option to move SL to breakeven, then upon reaching a profit equal to the SL value (Risk/Reward 1:1), the stop-loss will be moved to the entry point (Entry). If the price returns to the entry point, the status SLX 🟡 0.0% 0.0 will appear.

Stop-loss

The status ❌ SL 11.61% #Loss -59.81 occurs when the price reaches the SL value set for the setup.