There are 2 ways to stop a bot on Futures.
1. In the list on the Home page of Veles
https://veles.finance/cabinet/
find your bot, click “Stop”. The bot switches to the “AWAITING TERMINATION” status. But it continues to run the opened deal to the correct end (until the take profit or stop loss is executed), it will execute and place new orders as programmed.
Stop with an error (due to liquidation or lack of margin) is also still possible.
If no errors occur, then after executing all orders, the bot switches to the “TERMINATED” status, and does not enter new deals. This is considered the safest way, but it takes time.
2. To stop the bot immediately, you need to find its deal on the “Active deals” page
https://veles.finance/cabinet/deals
and click “Cancel” on the expanded deals card. After that, the bot will cancel all created orders (both grid and take profits), the bot will stop, the deal itself will disappear from the list of “Active deals”. The deposit that was reserved for grid orders (which have not yet been executed) will be released on the exchange and returned to the supporting margin. In this case, the liquidation price will move away if it is shown for this position.
Attention! The bot’s position after cancelling of the deal in Veles remains open on the exchange and goes under manual control. Liquidation is still possible (if the price moves in an unfavorable direction). For a position, you need to manually create a closing order (limit – at the right price, it will take time, or market – close at the current price, immediately). It is not recommended to launch the bot again while the position exists.
When trading on Spot, when the bot stops, the same thing happens – the bot will run the deal to the end, and only then stops.
When canceling a bot’s deal on the Spot (that is, immediate stop), you first need to save (write down to yourself) the average price of buying or selling a coin (depending on the bot’s algorithm, Long or Short) in order to know at what price you should sell or buy back the asset later.
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To close a position on futures manually, you need to open the exchange’s application or website. Then go to the “Derivatives” section – “Perpetual USDT”. Under the coin chart, you need to find the “Positions” tab, on it you can find the position (for that coin) that this bot created.
For this position, you need to find the “Close by” element, select “Limit” and set the order price, which will give you the desired profit (or acceptable loss) as a result. At the same time, the exchange tells you in a dialog box with what result the order will be executed if it is created. Then you need to confirm – create this order (it will appear in the “Current Orders” tab) and wait for its execution.
That is, if the position has negative PnL now, you can create an order that will be saved on the exchange and will be executed with a profit.
If you decide to close the position immediately, then the closing order will be a market one.
Each position has two indicators – “Realized PnL” and “Unrealized PnL”. The Realized PnL has already been applied (added or subtracted) to the balance. The Unrealized PnL will be applied to your balance after the position is closed by a market order.
Example.
You deposited 300 USDT on the exchange’s trading account balance.
The bot was launched, it created a position, then the deal was canceled in the bot (by Active deals => Cancel) and there are no more orders on the exchange.
But the position has a Realized PnL = -0.14 USDT and an Unrealized PnL = -30.54 USDT.
Then, when you close a position by the market order, you will have the balance remaining
300 – 0,14 – 30,54 = 269.32 USDT.
