Atlas Sbw870763cBack to TradingHome

No results

Help CenterFrequently Asked QuestionsTechnical FAQAutomatic Flipping Protection for Leverage Rules

Automatic Flipping Protection for Leverage Rules

Last updated November 4, 2024

Understand Automatic Flipping Protection for Leverage Rules

Our system checks if your open/short positions that were opened by Coinrule are still open before placing trades. In the past, a position opened by a Coinrule rule that was manually closed by you on an exchange would have been considered still open by the rule. Our system, unaware of this closure, might inadvertently open a short or long position. For instance, if it was originally a long position which got liquidated, the rule could have opened a new short position. Now, if the position is found to be non-existent, the rule engine will terminate the position on our end. Consequently, users will receive a notification reading "Position externally closed" (refer to image below).

Was this article helpful?