graph LR
Start(["`Start`"])
1["`<strong>set</strong><br>config`"]
2["`<strong>binance</strong><br>fetch open orders`"]
3["`<strong>binance</strong><br>fetch current price`"]
4{"`<strong>if</strong><br>If has open position`"}
5["`<strong>binance</strong><br>place stop loss order`"]
6["`<strong>telegram</strong><br>send confirmation`"]
Start ---> 1
1 ---> 2
2 ---> 3
3 ---> 4
4 ---> 5
5 ---> 6
Stop Loss & Take Profit Automation
Automatically set stop loss and take profit orders for your positions, protecting your capital and securing profits without manual intervention.
Who is this for?
This workflow is designed for traders who want to automatically set stop loss and take profit orders to protect their capital and secure profits without manual intervention.
What problem is this workflow solving? / Use case
Manually setting stop loss and take profit orders for each position is time-consuming and requires constant monitoring. You might forget to set protective orders or miss opportunities to lock in profits. This workflow automatically sets stop loss and take profit orders based on your specified percentages, helping you protect your capital and secure profits automatically.
What this workflow does
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Checks for existing open orders
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Fetches your current open positions
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Gets the current price for the specified symbol
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Calculates stop loss and take profit prices based on your percentages
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Places stop loss and take profit orders if you have an open position
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Sends a Telegram notification confirming the orders have been placed
Setup
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Set the Symbol in the config node (e.g., "BTCUSDT")
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Set the Stop Loss Percentage in the config node (default: 2)
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Set the Take Profit Percentage in the config node (default: 5)
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Connect your Binance API Keys in the config node
Nodes in Use
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Binance - Get Open Orders: Fetches all open orders for a specific symbol
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Binance - Get Positions: Retrieves current positions for a specific symbol
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Binance - Get Ticker Price: Fetches current ticker price for a specific symbol from Binance spot or perpetual markets
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Binance - Create Order: Creates a new trading order with unified parameters (symbol, side, type, size, price) on Binance spot or perpetual markets
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Telegram - Send Telegram Message: Sends text messages through Telegram's bot API using _chatId, message, and optional parameters
Tip: This executable workflow was automatically generated by SeamFlux Bot. To use it, create an execution and test it with your data to ensure it meets your needs.
Ready to get started?
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