Hi,
Yes that is by design. It doesn’t place SL-M immediately after entering the trade. Because of following reasons and difficulties:
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Addition SL-M blocks margin, I am guessing.
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After exit condition or target profit meets, upon exit, its difficult of figure out which order ID (id of SL-M) to cancel, which is normally done by just using cancel SL-M notification, but I just did not feel necessary at that point, of making it.
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BO serves as a good alternative rather than placing SL-M, when BO’s are enabled then they can be used.
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Upon SL price being reached, Streak send SL alert, the plugin acts on it to exit, removing the need to place SL-M in advance with the advance of being non blocked margin.
Hope this clarifies and makes some sense!