> For the complete documentation index, see [llms.txt](https://killswitchofficial.gitbook.io/killswitch/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://killswitchofficial.gitbook.io/killswitch/feature/stop-loss-take-profit/terminology.md).

# Terminology

![Take profit/ Stop loss feature](/files/bYmmApq6o6qQj3b27q7x)

## Creating TP/SL Order

* **Pool:** the LP pair that users want to set TP/SL

![](/files/4EFRmAOKeC6BgEqwM7pT)

* **My Deposited:** refers to the amount of LP that users want to place an order and when the price reaches the setpoints, the system will issue orders and convert them back to BUSD
* **Remove Liquidity (optional):** It splits the coin into a pair of LP instead of exchanging it back to a stable coin.
* **TP/SL:** the point that investors want the system to issue a take profit or stop loss order when the price of the LP reaches that value

## Setting TP/SL points

![](/files/YKgvkjDqhwlMbWP0EEmZ)

## Setting a Plan B

* **TP/SL Fail-Safe:** allows users to set the value of the withdrawal price (in BUSD) that is not to be lower than the preset value, this is to prevent price impact or system failure. In cases where the value is lower, the system will revert the order immediately to guarantee the lowest stable coin value that each user can accept.

![](/files/fVzBb86YOI6n2Xlu9L1d)

## *Optionals*

* **Tip (optional):** The platform uses bots to issue orders, however, if users “tip”, bots in the system will select the order and execute the transaction first

![](/files/TXxxdvZZ6WtuShN5vtuT)

* **Gas price (optional):** Users can choose to input high gas prices to encourage faster transactions although the system will automatically calculate the gas prices by default.

![](/files/cpEUwY9ViqcXy5jLXuJO)

* **Required gas amount (optional):** Users are free to adjust the total gas price for all the tp/sl transactions, but by default, the system will estimate and calculate all gas costs. \
  \* If you set it too low execution will be incompleted

![](/files/OUlBSHFddUNCwmlCGZ2k)


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