How to place a Futures Market order with Take Profit and Stop Loss using python-binance

[Dan_Dasilva]

I’m struggling to place Take Profit and Stop Loss orders using python-binance and can’t understand how to set up TP & SL % For now I only found how to place base orders like:

Market order

from binance_f import RequestClient
from binance_f.constant.test import *
from binance_f.base.printobject import *
from binance_f.model.constant import *

client = RequestClient(api_key=‘api_key’,
secret_key=‘secret_key’,
url=‘https://testnet.binancefuture.com’)

print(client.post_order(symbol=“BTCUSDT”, ordertype=“MARKET”, side=“SELL”,
positionSide=“BOTH”, quantity=0.001))

Limit order

from binance_f import RequestClient
from binance_f.constant.test import *
from binance_f.base.printobject import *
from binance_f.model.constant import *

client = RequestClient(api_key=‘api_key’,
secret_key=‘secret_key’,
url=‘https://testnet.binancefuture.com’)

print(client.post_order(symbol=“BTCUSDT”, ordertype=“LIMIT”, side=“BUY”,
positionSide=“BOTH”, quantity=0.01, timeInForce=“GTC”,
price=48680))

So if there is some way to make it can you show me example?

[tantialex]

Have a look at this thread for placing TP & SL orders on Futures market

How to implement OTOCO(TP/SL) orders using API

@MJW thanks for your answer. I can see a different way to do it in implementing manually SL/TP in a program: subscribe to websocket data stream (candlestick) open an order, check all the close values received close your order when SL or TP is hit. But I am wondering if this method is as accurate as your procedure. (In other words, are the SL/TP orders more accurate than an individual implementation of them using the websocket Kline/candlestick stream) What do you think ?