Sell Bot
Available for Premium and Professional plans
StockHero's Sell Bot allows a user to sell an existing asset based on the desired exit conditions. For example, if a user already has 1 unit of AAPL and would like to sell 1 APPL stock when the price reaches a certain level, the Sell Bot can be used for such a purpose.
Setting the Average Entry Price
The Average Entry Price allows the Sell Bot to know what your cost is for acquiring the stock. It is used to calculate the profit and loss for the deal when the Sell Bot exits. If the Average Entry Price is set to zero, then the PnL will be zero as well.
Exit Conditions
A user can configure the bot to exit based on the following conditions:
when a price level is reached
Indicators
TradingView
Difference Between Exit Bot and Sell Bot
The Exit Bot will immediately use the fund allocation to buy the selected stock. The Sell Bot will not. It will assume that you already have the stock that the Sell Bot will sell when the exit condition is met.
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