Trading Nuances with Oanda Bots on the TOMMYBOTS Platform
Trailing Stops are always executed as market orders.
Trailing Stop amounts are always 100% of the original position size. You cannot create a trailing stop that sells a percentage of the original position.
If there are multiple trades comprising a position, TOMMYBOTS will automatically generate separate Trailing Stop orders for each trade ID when a Trailing Stop order is submitted through the bot.
Orders with the "Stop" order type can use percentages for the order size, allowing you to sell a specific percentage of the position.
However, market and limit orders submitted with the "Add Stop" option cannot use a percentage for the stop amount. These orders will be automatically submitted with an amount that is 100% of the position size. Please note that this limitation exists within the Oanda API and not TOMMYBOTS.
Unlike "Stop" orders, "Take Profit" orders cannot use percentages for the order size. They will always be 100% of the original position size due to limitations in the Oanda API.
If there are multiple trades within a position, TOMMYBOTS will automatically generate separate Take Profit orders for each trade ID when a single Take Profit order is submitted through the bot.
Similar to Stop orders, market and limit orders submitted with the "Add Take Profit" option cannot use a percentage for the take profit amount. These orders will be automatically submitted with an amount that is 100% of the position size. Please note that this limitation is specific to the Oanda API and not TOMMYBOTS.
POST ONLY orders are not supported.
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