Take-Profit and Stop-Loss Orders Across Three Futures Exchanges

Summary

This document describes a software wrapper for placing take-profit and stop-loss orders on futures contracts through exchange-specific APIs. It routes requests to separate implementations for OKX, Huobi, and Binance, with handling for selected USDT-margined and coin-margined contracts; Huobi also has a cross-margin option. The stated motivation is to use exchange-native conditional orders and avoid relying on market-price triggers.

The supplied code illustrates API calls and basic success checks, but it is implementation guidance rather than a tested trading method. It does not provide exchange version details, validation results, or operational safeguards, and the code itself contains apparent inconsistencies, including a Binance take-profit request that references an undefined direction variable. Exchange behavior and API compatibility should therefore be checked before relying on the wrapper. Its coverage is limited to the listed exchanges and contract types.

Key ideas

• The wrapper dispatches stop and target order requests to exchange-specific implementations for three futures venues.
• It distinguishes some USDT-margined and coin-margined contracts, with a cross-margin option for one venue.
• The code describes API plumbing and does not provide evidence of trading performance or successful deployment.
• The sample contains an apparent undefined variable in the Binance take-profit request, so it requires review.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.