How to configure the settings?

The Binance trading Bot also makes it possible for experienced traders to tweak the default trading systems to meet their needs. The bot is quite versatile and allows you to tweak virtually every aspect of trade from the different target price and the percentage of your trade you want to be liquidated at each of these target price levels to the stop loss order.

You also have the option of activating such advanced trading settings as the trailing deviation for the stop loss as well as smart trailing and TX trailing. Similarly, you can also enable break-even price levels as well as decide on the risk filters. While everyone can access and re-configure the default trade settings to their liking, it is not recommended, especially for inexperienced traders. Nonetheless, once complete, your settings will be activated for the trade.