Maintain minimum position

The "Maintain minimum position" function in the "Hurricane" futures and spot grid-bot automatically removes closing orders that reduce the position if the position becomes less than the specified one.

You can set long-bot or short-bot to maintain a certain position, that is, not to close contracts more than specified.

For example, if you specify “maintain minimum position 50” for a short bot, then it will not place closing orders (that reduce the position size) until the position exceeds 50 USD (or 50 contracts in COIN-M futures). This will allow you to hold these contracts up to a certain price, for example, $25,000, upon reaching which the bot will close these contracts with a market order (for this, you need to enable the option "Market close position if price reaches your price"), will continue to trade and will gradually close with a ladder of limit orders.

This option will allow you to significantly increase the profit from the bot if there is a certain trend. It is also recommended to use this option when opening a hedge short in USDm bots.

Important: if the price moves very quickly, several pre-placed orders may be filled at once, and the position may become smaller than specified in the "Maintain minimum position" field.

To avoid this, it makes sense to reduce the size of orders and increase the distance between them, or use anti-liquidation with a reduced order size and distance to set up a position, as well as use the "micro-deposit mode" to simultaneously place a smaller number of orders.

The "Increase position gradually" option, when enabled, will gradually increase the value in the "maintain minimum position" field until it reaches the value specified in the "Maximum position maintained" field, so that there is a certain trading during the calm market (due to the fact that both opening and closing orders will be placed next to the current price).

Important: if the position is less than the specified one, then the bot will not make trades while the price goes in the right direction and the PNL of the open position increases. The Long Bot will place open orders only above the price of the last filled open order (if the position is less than the one specified in "Maintain Minimum Position") to avoid buying at the same price twice without selling the corresponding number of contracts.