Position Executor

The Position Executor places an entry order and, once filled, manages the position using the Triple Barrier Method—automatically closing at take profit, stop loss, trailing stop activation, or time limit.

Overview

Property	Value
Position Type	Spot or Perp
keep_position	Configurable
Use Cases	Directional trades, scalping, swing trading

How It Works

Entry: Places order at entry_price (or market if not specified)
Monitor: Once filled, continuously monitors price against barriers
Exit: First barrier hit triggers position close
Report: Reports P&L and terminates

Configuration

from hummingbot.strategy_v2.executors.position_executor.data_types import (
    PositionExecutorConfig,
    TripleBarrierConfig,
    TrailingStop,
)

config = PositionExecutorConfig(
    controller_id="my-agent",
    connector_name="binance_perpetual",
    trading_pair="SOL-USDT",
    side=TradeType.BUY,
    amount=Decimal("10.0"),
    entry_price=Decimal("150.0"),  # Optional: None for market entry
    leverage=5,
    triple_barrier_config=TripleBarrierConfig(
        take_profit=Decimal("0.02"),      # 2% profit target
        stop_loss=Decimal("0.01"),         # 1% stop loss
        time_limit=3600,                   # 1 hour max
        trailing_stop=TrailingStop(
            activation_price=Decimal("0.01"),  # Activate at 1% profit
            trailing_delta=Decimal("0.005"),   # Trail by 0.5%
        ),
    ),
)

Triple Barrier Config

The TripleBarrierConfig defines all exit conditions:

Parameter	Type	Description
`take_profit`	Decimal	Exit when profit reaches this % (e.g., 0.02 = 2%)
`stop_loss`	Decimal	Exit when loss reaches this % (e.g., 0.01 = 1%)
`time_limit`	int	Exit after this many seconds
`trailing_stop`	TrailingStop	Dynamic stop that follows price
`open_order_type`	OrderType	Entry order type (default: LIMIT)
`take_profit_order_type`	OrderType	TP exit order type (default: MARKET)
`stop_loss_order_type`	OrderType	SL exit order type (default: MARKET)
`time_limit_order_type`	OrderType	Time exit order type (default: MARKET)

Take Profit

Closes position when price moves in your favor by the specified percentage.

TripleBarrierConfig(
    take_profit=Decimal("0.02"),  # Close at 2% profit
)

For a long position entered at

100, take profit triggers at

102.

Stop Loss

Closes position when price moves against you by the specified percentage.

TripleBarrierConfig(
    stop_loss=Decimal("0.01"),  # Close at 1% loss
)

For a long position entered at

100, stop loss triggers at

99.

Time Limit

Closes position after a maximum duration, regardless of P&L.

TripleBarrierConfig(
    time_limit=3600,  # Close after 1 hour
)

Trailing Stop

A dynamic stop loss that follows the price as it moves in your favor.

TripleBarrierConfig(
    trailing_stop=TrailingStop(
        activation_price=Decimal("0.01"),  # Start trailing at 1% profit
        trailing_delta=Decimal("0.005"),   # Keep stop 0.5% behind
    ),
)

How it works:

Position enters at $100
Price rises to $101 (1% profit) → trailing stop activates
Stop is placed at $100.50 (0.5% below current price)
Price rises to $103 → stop moves to$ 102.49
Price drops to $102.49 → trailing stop triggers, position closes

The trailing stop locks in gains while letting winners run.

Parameters

Parameter	Type	Description
`connector_name`	string	Exchange connector
`trading_pair`	string	Market (e.g., “SOL-USDT”)
`side`	TradeType	`BUY` (long) or `SELL` (short)
`amount`	Decimal	Position size in base asset
`entry_price`	Decimal	Entry price (None for market order)
`leverage`	int	Leverage for perpetual markets
`triple_barrier_config`	TripleBarrierConfig	Exit conditions
`activation_bounds`	List[Decimal]	Optional price bounds to activate

Order Types

You can configure which order type to use for each action:

TripleBarrierConfig(
    open_order_type=OrderType.LIMIT,       # Entry: limit order
    take_profit_order_type=OrderType.LIMIT, # TP: limit order
    stop_loss_order_type=OrderType.MARKET,  # SL: market order (fast exit)
    time_limit_order_type=OrderType.MARKET, # Time: market order
)

Use LIMIT for entries and take profits to get better fills. Use MARKET for stop losses to ensure execution.

Example: Scalp Trade

scalp = PositionExecutorConfig(
    controller_id="scalper",
    connector_name="binance_perpetual",
    trading_pair="BTC-USDT",
    side=TradeType.BUY,
    amount=Decimal("0.01"),
    leverage=10,
    triple_barrier_config=TripleBarrierConfig(
        take_profit=Decimal("0.003"),  # 0.3% profit
        stop_loss=Decimal("0.002"),    # 0.2% stop
        time_limit=300,                # 5 min max
    ),
)

Example: Swing Trade with Trailing Stop

swing = PositionExecutorConfig(
    controller_id="swing-trader",
    connector_name="binance",
    trading_pair="ETH-USDT",
    side=TradeType.BUY,
    amount=Decimal("0.5"),
    entry_price=Decimal("3200.0"),
    triple_barrier_config=TripleBarrierConfig(
        take_profit=Decimal("0.10"),   # 10% target
        stop_loss=Decimal("0.03"),     # 3% stop
        time_limit=86400,              # 24 hours
        trailing_stop=TrailingStop(
            activation_price=Decimal("0.05"),  # Trail after 5% profit
            trailing_delta=Decimal("0.02"),    # 2% trail distance
        ),
    ),
)

Close Types

When the executor terminates, it reports which barrier was hit:

Close Type	Description
`TAKE_PROFIT`	Price reached profit target
`STOP_LOSS`	Price reached loss limit
`TIME_LIMIT`	Maximum duration exceeded
`TRAILING_STOP`	Trailing stop triggered
`EARLY_STOP`	Manually stopped

Position Handover

If keep_position=true (set via early stop):

Position remains open in the account
Added to agent’s Position Hold for later management

If keep_position=false (default for barrier exits):

Position fully closed
Realized P&L calculated and reported

Condor

Getting Started

Trading Agents

Executors

Routines

Bots

Other Condor Features

Position Executor

Overview

How It Works

Configuration

Triple Barrier Config

Take Profit

Stop Loss

Time Limit

Trailing Stop

Parameters

Order Types

Example: Scalp Trade

Example: Swing Trade with Trailing Stop

Close Types

Position Handover

​Overview

​How It Works

​Configuration

​Triple Barrier Config

​Take Profit

​Stop Loss

​Time Limit

​Trailing Stop

​Parameters

​Order Types

​Example: Scalp Trade

​Example: Swing Trade with Trailing Stop

​Close Types

​Position Handover

Overview

How It Works

Configuration

Triple Barrier Config

Take Profit

Stop Loss

Time Limit

Trailing Stop

Parameters

Order Types

Example: Scalp Trade

Example: Swing Trade with Trailing Stop

Close Types

Position Handover