Panic sell option / prevent bearish trend

[seedlord]

I have the following suggestion.
After reaching -X% profit, the bot should automaticly panic sell to prevent more losses.
After Y-times panic sell the bot should start some user defined action like stop this coin entirely | wait for Z amount of time/candles to repeat | change coin | etc..

I thought about something like the following:
its a bearish market.
1m candles with 7m limit. X=1 Y=3 Z=3
The bot experiences the follwing
-1% profit
-> panic sell
-----3m wait, buy
+1% profit
-> good sell
-----no wait, buy
-1% profit
-> panic sell
-----3m wait, buy
-1% profit
-> panic sell
-----3 panic sells reached (of total 4 sells)
-> begin some user defined action (stop, wait, change coin)

Maybe the panic sells/good sells can be tracked over x amount of time per coin to get an idea of the market situation (to see if it was more bearish/bullish for you).

I hope you understood what i meant.
This idea came into my mind after I randomly choose some coins that seemed bullish to me.
Most of them performed well for few hours with many frequent trades and small gains (5-50ct per trade).
But after some time some went bearish and i manually "panic sold" few times. And choose new/better coins that seemed ok for me.
As this is very repetetive i thought this would be a great idea to automate it.
The above values are only for reference to get what i mean. Of course i didnt panic sell with -1% profit

Thanks in advance and happy trading

[chrisleekr]

@seedlord I think what you ask is exactly the same feature as #99

It's on my TODO list. I just simply don't have much time recently.

[chrisleekr]

If your enhancement is duplicated, please close the issue. Otherwise, leave further information. Thanks.

[seedlord]

thank you. i will further post in #99 or #77