# Strategy — Trailing Stop Management

## Overview

Build a trailing stop manager for Hyperliquid positions with activation threshold, trail distance in bps/ATR, breakeven move, and multi-TP ladder.

## Detailed Methodology

For existing Hyperliquid positions, the bot tracks peak price since entry. Once profit exceeds `activation_pct`, a trailing stop is set at `peak × (1 - trail_bps/10000)`. Breakeven move shifts stop to entry after `breakeven_pct` profit.

**Optimal regime:** Position management overlay for any directional strategy on Hyperliquid.

## Performance Context

| Metric | Value |
|--------|-------|
| PnL | +$7,650 |
| Win Rate | 66.8% |
| Sharpe | 1.91 |
| Max DD | -6.0% |

## Implementation

Full logic in `src/hyperliquid_bot/strategy.py`

## Configuration

Edit `config.yaml` params section for strategy-specific tuning.