What is the new "ProtectionType" parameter in ModifyPositionAsync?

Created at 08 Jan 2025, 23:43
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firemyst

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Joined 26.03.2019

What is the new "ProtectionType" parameter in ModifyPositionAsync?
08 Jan 2025, 23:43

Hi all:

Can anyone explain what the new ProtectionType parameters are, or what they do, in the ModifyPositionAsync method?

They've just recently appeared with a new release, and I couldn't find any posted documentation on them in the API section (but would be grateful if someone can provide a link if they are documented there)

Thank you

@firemyst
Replies

firemyst
28 Mar 2025, 12:13

From playing around with it, this is what I gather on how it works:

  1. set it to “none” removes all protections
  2. set it to “relative” means the SL is in PIPs
  3. setting it to “absolutely” means the SL is a price.

I'm not sure if it affects the Take Profit as well.

@firemyst
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