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Sniper.xyz
  • Sniper.xyz - The Trading Layer for Solana
  • Overview
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          • SPL-404
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On this page
  • Take Profit
  • Stop Loss
  • Trailing Stop Loss
  1. Tokens
  2. Telegram Bot
  3. Settings

TP / SL / TSL

PreviousMEV ProtectionNextCustom Buy/Sell Amounts

Last updated 2 months ago

Take Profits & Stop losses are a great way to auto trade. These features are currently available on all copy trading transactions of our telegram bot


Take Profit

Take profits will automatically sell part or all of your position when a set marketcap is reached. We offer up to 5 individual take profit settings so you can really customize your strategy.

Setup TP

  1. Input the percentage & multiplier you'd like to take profits at ex. To take 50% profit at 1.5x, enter 50 1.5

You can also use the command /addtp 50 1.5

Remove TP

  1. Input the index of the TP you want to remove ex. to remove 1 - 50% @ 1.5x , enter 1

You can also use the command /removetp 1


Stop Loss

Stop losses help to minimise losses, close a position when the token has dropped a certain percentage, allowing you to have piece of mind when AFK.

Setup Stop Loss

  1. Input the percentage you'd like to stop loss at ex. To stop at a 20% loss, enter 20

You can also use the command /stoploss 20

Remove Stop Loss

  1. Input 0


Trailing Stop Loss

Trailing Stop losses are designed to help protect profits. The stop price is dynamic and is calculated a set percentage below the all time high after you have entered the trade.

Setting a Trailing Stop Loss

  1. Input the percentage you'd like to stop loss & how much you want to cut ex: At -15% trailing stop loss, sell 50% of your position enter 15 50

To remove a trailing stop loss press the button and input 0 0

In the settings menu - press

In the settings menu - press

Whilst in the settings menu - press

In the settings menu - press

In the settings menu - press

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