For information on changes for our US clients, please visit our Support Center article.

Door een toename van het aantal verzoeken kun je vertragingen ervaren bij Live Support. Als je problemen ervaart met aanmelden, bekijk dan deze handleiding.
Zoeken
Take Profit / Stop loss (bracket) orders
“Take Profit / Stop loss” is available when placing Market or Limit orders on any Kraken Pro futures market. Also known as Bracket orders, this allows you to configure exit points (Take profit (TP) and Stop loss (SL)) before you submit an order to open a position (called the primary order) whether that means exiting the trade in profit, or, stopping out to limit losses.
In this article “Take Profit / Stop loss” will be referred to as “TP/SL” for short.
With TP/SL, you can set either one, or two exit points from the position you are about to enter. If you place both a Take profit and a Stop loss: when one is triggered it’ll automatically cancel the other order. This functionality is known as One Cancels the Other (OCO).
Regardless of whether the Primary order executes partially or fully, it will trigger the TP/SL. The TP/SL ensures partial filling is taken care of by placing the same quantity of TP/SL as the primary order fills, making sure the position is always protected.
How to set Take profit / Stop Loss in a Kraken Pro futures market
On the order form when you select Market or Limit order, you will see a new dropdown called “Take profit / Stop loss”, you can select simple and two price fields will display, you will be able to specify Take profit and Stop loss prices or an entry distance (distance from primary order price), you can place the primary order with both Take profit and Stop loss or simply add one of them and leave the other fields empty, placing the primary order while TP/SL is empty will still place an order without TP/SL.
Once you enter a price on either TP or SL, you will see and Est. P&L based on your order quantity and price, like all trigger based orders, you can set the Conditional trigger signal to Mark, Index or Last price.
Examples
I want to specify a % distance from my primary order entry price
Current price of BTC Perp is 69,000 USD and I want to place a buy Limit order at 69,000 USD, I have already done my risk analysis and decided I want to Take profit when the price moves up 10% and Stop loss if the price moves down 5%, then I go ahead and select Take profit / Stop loss simple and specify my Take profit entry distance as +10% and Take profit price is automatically calculated to 75,900 USD, then I specify my Stop loss entry distance as -5% and my Stop loss price is automatically calculated to 65,550 USD.
I want to specify an absolute price for my TP/SL
Current price of BTC Perp is 69,000 USD and I want to place a buy Limit order at 69,000 USD, I have already done my risk analysis and decided I want to Take profit when the price hits 70,000 USD and Stop loss if the price moves down to 68,500 USD, then I go ahead and select Take profit / Stop loss simple and specify my Take profit price as 70,000 USD and entry distance is automatically calculated to +1.45%, then I specify my Stop loss as 68,500 USD and entry distance is automatically calculated to -0.72%
I want to set only Take profit and specify a % distance from my primary order entry price
Current price of BTC Perp is 69,000 USD and I want to place a buy Limit order at 69,000 USD, I have already done my risk analysis and decided I want to Take profit when the price moves up 10% then I go ahead and select Take profit / Stop loss simple and specify my Take profit entry distance as +10% and Take profit price is automatically calculated to 75,900 USD, then I leave Stop loss fields empty and place my order with only Take profit and no Stop loss.
I want to set only Stop loss and specify an absolute price for my SL
Current price of BTC Perp is 69,000 USD and I want to place a buy Limit order at 69,000 USD, I have already done my risk analysis and decided I want to Stop loss if the price moves down to 68,500 USD, then I go ahead and select Take profit / Stop loss simple and I specify my Stop loss as 68,500 USD and entry distance is automatically calculated to -0.72%, then I leave the Take profit fields empty and place my order with only Stop loss and no Take profit.
Note: If your primary order has reduce only enabled, you will not be able to add TP/SL.