🛠️ Position Controller: Precision Trade Management 🛠️
The Position Controller in TradeStudio helps monitor and manage open trades across sub-accounts, adapting to market changes, controlling risk, and optimizing performance.
🤔 What is it?
A tool to manage trades by type (long/short) and performance (profit/loss), supporting risk reduction and profit optimization.
👷🏼 How It Works:
Position Type: Close long or short trades.
Profit/Loss Thresholds: Set actions in percentages or dollars.
Market Conditions: Trigger actions based on specific criteria.
Examples:
⏱️ Close trades exceeding a 5% loss every 30 minutes.
📉 Exit all trades if Bitcoin drops more than 4% in 4 hours.
📊 Close 50% of profitable long trades when the market trend shifts.
Types of Position Controllers:
Time-Based Controller: Monitors trades at intervals, executes actions based on conditions.
🕒 TIME BASED CONTROLLER – TOOL PRESENTATION 🕒
Balance-Based Controller: Acts on portfolio changes, closes trades based on profit/loss.
⚖️ BALANCED BASED CONTROLLER – TOOL PRESENTATION ⚖️
Market-Based Controller: Analyzes assets and acts when Advisor criteria are met.
📊 MARKET BASED CONTROLLER – TOOL PRESENTATION 📊
Unleash dynamic trade management with TradeStudio’s Position Controller! 🚀
