StockHero Guide
  • Setting Up Your Stock Trading Bot
  • Quick Start Bots
  • Video Gallery
  • Major Updates
    • Achieving ISO27001 Certification
    • StockHero Version 3
    • StockHero V2, The Best Is Not Enough
      • StockHero V2.5
    • StockHero Release Notes
  • Getting started
    • Paper Trading
    • Backtesting
    • Dashboard
    • Portfolio
    • Bots and Deals
    • Bots Processing Priority
    • Strategy Marketplace
    • Deploying A Marketplace Bot
    • SMS Notifications
  • Futures Trading
  • Bot Settings
    • Strategies
    • Trading Parameters
    • Entry / Exit Conditions
    • Advanced Bots
    • DCA Bots
    • Exit Bot
    • Price Bot
    • Grid Bot
    • Sell Bot
    • Momentum Bot
    • Trailing Stoploss
    • Trailing Take Profit
    • Bot's Performance Stats
    • Strategy Designer
  • Technical Indicators
    • Bollinger Band
    • EMA
    • RSI
    • Stoch RSI
    • MACD
    • Volume
    • TradingView
    • Mandatory Indicators
  • Connecting Your Brokerage
    • Supported Brokerages
    • Trading Account Connection
    • TradeStation
    • Webull
  • Wealthsimple
  • FAQ
    • Terminology
    • Frequently Asked Questions
  • Housekeeping
    • Release Notes
    • Terms of Use
    • Official Communities
Powered by GitBook
On this page
  • Entry Conditions
  • Exit Conditions
  1. Bot Settings

Entry / Exit Conditions

PreviousTrading ParametersNextAdvanced Bots

Last updated 11 months ago

Entry Conditions

The bot can only evaluate data if at least one entry condition is set. Multiple entry conditions can be set at a time. A user can also configure one or multiple signals for its Entry Conditions.

Exit Conditions

Similar to Entry Conditions, at least one Exit Condition must be set. The technical indicators set for Exit Conditions need not be the same as those set in Entry Conditions. In Exit Conditions there are two settings that will be prioritized above all Technical Indicators: Stoploss and Take Profit. This means that if the Take Profit condition is met but your exit technical indicator has not been triggered, a market sell order will be executed. However, if the technical indicator trigger is met, the bot will also exit (closing the deal), disregarding your Take Profit or Stop Loss condition.

TradingView