wiki/examples/ts/create-order-position-with-takeprofit-stoploss.md
// @ts-nocheck
import ccxt from '../../js/ccxt.js';
// AUTO-TRANSPILE //
console.log ('CCXT Version:', ccxt.version);
// ------------------------------------------------------------------------------
async function example () {
// at this moment, only OKX support embedded stop-loss & take-profit orders in unified manner. other exchanges are being added actively and will be available soon.
const exchange = new ccxt.okx ({
"apiKey": "YOUR_API_KEY",
"secret": "YOUR_API_SECRET",
"password": "YOUR_API_PASSWORD", // if exchange does not require password, comment out this line
});
const symbol = 'DOGE/USDT:USDT';
const side = 'buy'; // 'buy' | 'sell'
const order_type = 'limit'; // 'market' | 'limit'
const amount = 1; // how many contracts (see `market(symbol).contractSize` to find out coin portion per one contract)
await exchange.loadMarkets ();
const market = exchange.market (symbol);
const ticker = await exchange.fetchTicker (symbol);
const last_price = ticker['last'];
const ask_price = ticker['ask'];
const bid_price = ticker['bid'];
// if order_type is 'market', then price is not needed
let price = undefined;
// if order_type is 'limit', then set a price at your desired level
if (order_type === 'limit') {
price = (side === 'buy') ? bid_price * 0.95 : ask_price * 1.05; // i.e. 5% from current price
}
// set trigger price for stop-loss/take-profit to 2% from current price
// (note, across different exchanges "trigger" price can be also mentioned with different synonyms, like "activation price", "stop price", "conditional price", etc. )
const stop_loss_trigger_price = (order_type === 'market' ? last_price : price) * (side === 'buy' ? 0.98 : 1.02);
const take_profit_trigger_price = (order_type === 'market' ? last_price : price) * (side === 'buy' ? 1.02 : 0.98);
// when symbol's price reaches your predefined "trigger price", stop-loss order would be activated as a "market order". but if you want it to be activated as a "limit order", then set a 'price' parameter for it
const params = {
'stopLoss': {
'triggerPrice': stop_loss_trigger_price,
// set a 'price' to act as limit order, otherwise remove it for a market order
'price': stop_loss_trigger_price * 0.98,
},
'takeProfit': {
'triggerPrice': take_profit_trigger_price,
// set a 'price' to act as limit order, otherwise remove it for a market order
'price': take_profit_trigger_price * 0.98,
},
// note that some exchanges might require some exchange specific parameter when opening a position, i.e.:
// 'posSide': 'long', // for phemex hedge-mode api
};
const position_amount = market['contractSize'] * amount;
const position_value = position_amount * last_price;
// log
console.log ('Going to open a position', 'for', amount, 'contracts worth', position_amount, market['base'], '~', position_value, market['settle'], 'using', side, order_type, 'order (', (order_type === 'limit' ? exchange.priceToPrecision (symbol, price) : ''), '), using the following params:');
console.log (params);
console.log ('-----------------------------------------------------------------------');
// exchange.verbose = True // uncomment for debugging purposes if necessary
try {
const created_order = await exchange.createOrder (symbol, order_type, side, amount, price, params);
console.log ("Created an order", created_order);
// Fetch all your open orders for this symbol
// - use 'fetchOpenOrders' or 'fetchOrders' and filter with 'open' status
// - note, that some exchanges might return one order object with embedded stoploss/takeprofit fields, while other exchanges might have separate stoploss/takeprofit order objects
const all_open_orders = await exchange.fetchOpenOrders (symbol);
console.log ("Fetched all your orders for this symbol", all_open_orders);
// To cancel a limit order, use "exchange.cancel_order(created_order['id'], symbol)""
} catch (e) {
console.log (e.toString ());
}
}
await example ();
// NOTES:
// - Sometimes you might experience, when their stop-loss/take-profit order might not become activated, even though on chart the price had crossed that "trigger-price" order was not executed . That happens because some exchange might be using mark-price (instead of last-price) as a reference-price, so that mark-price might reach your trigger-price and it would activate your SL/TP order (even though on your symbol's chart you are viewing the "last-price" by default, which could have different movements than the mark-price).