When the Stop Loss Timeout is turned on, the system will do an extra check before closing a trade by Stop Loss.
If the price drops to or below Stop Loss level, the system will wait for a specified amount of minutes. After this, it will do an additional check of the price:
- If the price still on or below Stop Loss level, the trade will be sold by Stop Loss;
- If the price rose back above Stop Loss level, the trade will remain open.