<p>At the moment, Kraken has disabled all advanced order types - so there is nothing that can do what you're looking for on Kraken.</p>

<p>That said, I think the order type that you are looking for is called trailing-stop-order.
You can read more about it here, for example: <a href="https://support.bitfinex.com/hc/en-us/articles/115003506545-Trailing-Stop-Order" rel="nofollow noreferrer">https://support.bitfinex.com/hc/en-us/articles/115003506545-Trailing-Stop-Order</a></p>

CC BY-SA 3.0
2017-10-02T15:57:17.313Z
2017-10-02T15:57:17.313Z
michaelr524
<p>I can do basic buy/sell on Kraken fine using market and limit orders.</p>
<h3>I'd like to place a sell order that will only sell if:</h3>
<ul>
<li>the price of BTC reaches a certain minimum amount</li>
<li>but, if the price keeps on going up, I of course want the system to wait until the price starts to drop again, say X %, before selling.</li>
</ul>
<p>How can I do this?</p>

<kraken>
How to place a sell order on Kraken that only sells when the price stops going up?
Brad Parks
# How to place a sell order on Kraken that only sells when the price stops going up?

(Asked by: username_0 on 2017-09-28)

I can do basic buy/sell on Kraken fine using market and limit orders.

### I'd like to place a sell order that will only sell if:

* the price of BTC reaches a certain minimum amount
* but, if the price keeps on going up, I of course want the system to wait until the price starts to drop again, say X %, before selling.

How can I do this?

**Tags:** kraken


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## 1 answers

### Answer by username_1 on 2017-10-02. Score: 2 | Accepted answer

At the moment, Kraken has disabled all advanced order types - so there is nothing that can do what you're looking for on Kraken.

That said, I think the order type that you are looking for is called trailing-stop-order.
You can read more about it here, for example: <https://support.bitfinex.com/hc/en-us/articles/115003506545-Trailing-Stop-Order>


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