Auto TP/SL - Cove Docs

Auto TP/SL adds configured exit orders to future market buys.

Current Auto TP or SL overview with take-profit, stop-loss, and sell-sizing controls

How it works

Open Trade panel settings and choose Auto TP/SL.
Enable Auto take profit, Auto stop loss, or both.
Add one or more levels for each side.
Set a trigger percentage and the percentage to sell.
Save the levels.

Auto take profit triggers after the configured gain. Auto stop loss triggers after the configured loss.

Auto take profit
Auto stop loss

Current Auto take profit level settings

Sell sizing

The current UI offers two sizing modes.

Mode	Meaning
`% of entry`	Each level sells a fixed percentage of the original position
`% of remaining`	Each level sells a percentage of the position left when the level triggers

The UI warns that % of entry levels cannot total more than 100%. Levels can be added and deleted. Auto take profit and Auto stop loss can be enabled independently.

Scope

Auto TP/SL applies to new market buys. Existing positions are not changed retroactively. Manual limit sells remain available separately.