CFDHero User Guide
  • Quick Start
  • Quick Start Bots
  • Updates
    • CFDHero V1, Trade Easier
  • Getting started
    • What is a CFD?
    • Paper Trading
    • Backtesting
    • Dashboard
    • Portfolio
    • Bots and Deals
    • Bots Processing Priority
    • Bots Marketplace
    • SMS Notifications
  • Bot Settings
    • Strategies
    • Trading Parameters
    • Entry / Exit Conditions
    • Advanced Bots
    • DCA Bots
    • Exit Bot
    • Price Bot
    • Grid Bot
    • Sell 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
    • City Index
    • Forex.com
  • FAQ
    • Terminology
    • Frequently Asked Questions
  • Housekeeping
    • Terms of Use
    • CFDHero Telegram
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  • Entry Conditions
  • Exit Conditions
  1. Bot Settings

Entry / Exit Conditions

PreviousTrading ParametersNextAdvanced Bots

Last updated 2 years ago

Entry Conditions

The bot can only evaluate data if at least 1 Technical Indicator is set. Multiple Entry Conditions can be set at a time. You may also configure TradingView as an Entry Condition. This feature is available only to Premium or Professional users.

Exit Conditions

Similar to Entry Conditions, at least 1 Exit Conditions must be set. Technical Indicators set for Exit Conditions need not be the same as the one used in Entry Conditions. In Exit Conditions there are 2 settings that will be prioritised above all Technical Indicators, Stoploss and Take Profit. This means that if Take Profit condition is met but your exit technical indicator has not triggered, a market sell order will be executed. However, if the technical indicator trigger is met, the bot will also exit (closing the deal) regardless if your Take Profit or Stop Loss condition is met.

Stop Loss

Take Profit

When the overall position is below the set percentage, a market order will be put to liquidate all positions the bot has.

When the overall position is above the set percentage, a market order will be put to liquidate all positions the bot has.

Used to limit losses, especially for untested strategies or volatile instruments.

Locks in profits to hedge against losses but precludes potential further profits

CFDHero also offers and features.

Trailing Stoploss
Trailing Take Profit