krakenfx/recipe-trailing-stop-runner

Trailing Stop Runner

PREREQUISITE: Load the following skills to execute this recipe: kraken-stop-take-profit, kraken-spot-execution

Enter a position and attach a trailing stop to capture trend profits while limiting downside.

Steps

1. Get current price: kraken ticker BTCUSD -o json 2>/dev/null
2. Enter position (requires human approval): kraken order buy BTCUSD 0.01 --type market -o json 2>/dev/null
3. Verify fill: kraken trades-history -o json 2>/dev/null
4. Set trailing stop (e.g., $500 trail distance): kraken order sell BTCUSD 0.01 --type trailing-stop --price +500 -o json 2>/dev/null
5. Verify stop is placed: kraken open-orders -o json 2>/dev/null
6. Monitor via stream: kraken ws ticker BTC/USD -o json 2>/dev/null
7. When the trailing stop triggers, verify the exit fill: kraken trades-history -o json 2>/dev/null
8. Report entry price, exit price, and net P&L