In this section of the guide, you will find;
What is a Stop Loss?
How to set your Stop Losses when running an Automated Backtest or creating a Bot?
How are the parameters calculated?
The warning messages and their explanations.
In cleo.finance when creating an Automated Backtest or Bot, you can set up to set 4 Stop Loss orders.
Just like with Take Profit, you can use Stop Losses with either Advanced mode or Basic mode.
With Advanced Mode, you can set any of the four fields as your target by clicking the target icon which will choose that data input as the main method of calculation.
Check out this article to learn more about the common errors you might be receiving.