Can candle exits trigger partial position closures?

No, in MagicTradeBot, candle-based exitsโ€”including opposite candle exitsโ€”always close the trade 100%.


๐Ÿง  Explanation

  1. Designed for Quick Trades

    • Candle exits are meant for high-frequency, short-term trades
    • The strategy focuses on rapid market reversals, where partial exits would reduce the effectiveness of risk management
  2. No Partial Take-Profit Interaction

    • Unlike Take Profit rules, which can sell partial quantities (SellPer), candle exits ignore partial settings
    • Once the exit condition is met (e.g., 1โ€“2 opposite candles), the full position is liquidated immediately
  3. Risk Management Focus

    • Ensures trades are closed quickly to prevent losses
    • Works best when combined with standard stop-loss rules for extra safety

๐Ÿ”‘ Key Points

  • Always 100% closure
  • Optimal for high-leverage, fast trades
  • Should be tested carefully before applying to large positions
  • Complement with stop-loss rules to avoid excessive risk

๐Ÿ“Ž Related Topics