LIMIT BUY AND LIMIT SELL ORDERS
Select Coin to trade
To purchase Exact amount of Coin enter amount.
If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.
PROMPT FIELD
Select Price Trigger Action to Send Order
Last – When the last trade is enables this order
Bid – When the bid is reach, it enables this order
Ask – When the ask is reach, it enables this order
LIMIT BUY/SELL FIELD
Market – When limit price is reached the order is sent as a market order.
Trailing – When limit price is reached the order start a trailing order.
LIMIT PRICE FIELD
Limit Price – Enter the price that you want to execute. This price MUST be less than the current price. Select Percentage is you want to enter the number as a percentage below the current price.
If trailing was selected, Enter the Trail Stop Percentage AND Enter the LIMIT price where you want to ACTIVATE the trailing stop. When the limit price is triggered/reached, it will start the trailing order.
Trail Stop Buy and Trail Stop Sell are orders that follow the current price of the market.
QUANTITY FIELD
Select Coin to trade
To purchase Exact amount of Coin, enter amount.
If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.
PROMPT FIELD
Select Price Trigger Action to Send Order
Last – When the last trade is enables this order
Bid – When the bid is reach, it enables this order
Ask – When the ask is reach, it enables this order
TRAILING %
Enter the percentage amount from the current price to trigger. If buying, enter the percentage amount to trail away from the current high price.
Trail Stop Buy
Trail Stop Buy orders are used for in conditions to buy a coin/stock when the price is rising.
WHEN AND WHERE TO USE A TRAIL STOP BUY ORDER SMART ORDERS CRYPTO TRADING TERMINAL
It can also be used to buy a long position or to take a profit on a short position with smart orders crypto trading terminal.
While a stop buy order is an EXACT trigger price, a trailing stop buy is Moving Target stop buy price. The stop buy will move based on the movement of the current price. A Trail Stop is usually placed with a percentage in the orders widget. What is means is, that you want to stop price to move lower when the current price of the coin decreases, so that you can buy the coin cheaper
Trailing Stop Sell
Trail Stop Buy orders are used for in conditions to buy a coin/stock when the price is rising.
WHEN AND WHERE TO USE A TRAIL STOP SELL ORDER
It can also be used to sell a long position to take profit or initiate a short position.
While a stop sell order is an EXACT trigger price, a trailing stop sell is Moving Target stop sell price. The stop sell will move based on the movement of the current price. A Trail Stop is usually placed with a percentage in the orders widget. What this means is, that you want to stop price to move higher when the current price of the coin increases, so that you can sell the coin at a higher price
STOP BUY AND STOP SELL ORDERS
Stop Buy Order
Sends a buy order to the exchange, a level that is higher than the current price. Order is sent to the exchange when that higher price is reached.
QUANTITY FIELD
Select Coin to trade
To purchase Exact amount of Coin enter amount.
If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.
PROMPT FIELD
Select Price Trigger Action to Send Order
Last – When the last trade is enables this order
Bid – When the bid is reach, it enables this order
Ask – When the ask is reach, it enables this order
Enter percentage amount from the current price that you would like to buy ABOVE the current price if you are using a STOP BUY order.
WHEN AND WHERE TO USE STOP BUY ORDER
Stop Buy orders used to buy above resistance. Usually referred as buying a break- out. Stop Buy orders can also be used, when you have a short position and using the stop buy to liquidate your short position.
Stop Sell Order
Sends a sell order to the exchange, a level that is lower than the current price. Order is sent to the exchange when that lower price is reached.
QUANTITY FIELD
Select Coin to trade
To purchase Exact amount of Coin enter amount.
If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.
PROMPT FIELD
Select Price Trigger Action to Send Order
Last – When the last trade is enables this order
Bid – When the bid is reach, it enables this order
Ask – When the ask is reach, it enables this order
Enter percentage amount from the current price that you would like to sell BELOW the current price if you are using a STOP SELL order.
WHEN AND WHERE TO USE A STOP SELL ORDER
Stop Sell orders used to sell at a support level. Usually referred as selling as a stop loss, these orders are used to sell a long position. Stop orders can also be used to initiate a short position. Short position help traders make profits when a coin or stock is going down.
SINGLE OCO BUY AND SINGLE OCO SELL
An OCO Buy consists of two orders. A Limit BUY order and a Stop BUY order.
When creating this order, a Stop Buy Order will be created an above the current price and a Limit Buy order will create an order below the current price. If either of those orders executed, the other order will cancel.
QUANTITY FIELD
Select Coin to trade
To purchase Exact amount of Coin enter amount.
If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.
PROMPT FIELD
Select Price Trigger Action to Send Order
Last – When the last trade is enables this order
Bid – When the bid is reach, it enables this order
Ask – When the ask is reach, it enables this order
STOP BUY – STOP PRICE
Enter a number, and this will input a percentage above the current market price or Click on percentage and a price picker will appear where you can select the exact price.
LIMIT BUY – LIMIT PRICE
Enter a number, and this will input a percentage below the current market price or Click on percentage and a price picker will appear where you can select the exact price.
OCO (Order Cancel Order) Sell
An OCO Sell consists of two orders. A Limit Sell order and a Stop SELL order.
When creating this order, a Stop Sell will create an order below the current price and a Limit Sell order will create an order above the current price. If either of those orders executed, the other order will cancel.
QUANTITY FIELD
Select Coin to trade
To purchase Exact amount of Coin enter amount.
If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.
PROMPT FIELD
Select Price Trigger Action to Send Order
Last – When the last trade is enables this order
Bid – When the bid is reach, it enables this order
Ask – When the ask is reach, it enables this order
STOP SELL – STOP PRICE
Enter a number, and this will input a percentage below the current market price or Click on percentage and a price picker will appear where you can select the exact price.
LIMIT SELL – LIMIT PRICE
Enter a number, and this will input a percentage aboce the current market price or Click on percentage and a price picker will appear where you can select the exact price.
OCO (ORDER CANCEL ORDER) COMBO
OCO COMBO
This Order Type consits of a combination of two orders. When one order is executed, the other order is cancelled. A user can combine the different single order types to create a smart logic orders.
A user needs to create two orders. A primary (Order 1)order and secondary order (Order 2)
A user can select any combination of the single orders. These two orders will be grouped.
Example combinations below.
Sell Stop and Buy Stop
This order will either Buy when the price rises 3% above current price OR will sell/short 3% below current market price.
OSO(ORDER SENDER ORDER)
Order Send Order Combo is a combination of two orders. When the first order(Primary Order) is executed, then the second order is activated. Below is an example of a buy limit as a primary order with an OCO sell as a secondary order.
So when the limit buy order is executed(Primary order), then the system will implement a (OCO ) with Stop loss and Take Profit.
Buy Limit and Sell(Take Profit) with STOP LOSS
Above is a OSO combo of Limit Buy +OCO Sell. We are combining the two orders to create a Limit Buy (Primary Order) with an OCO Sell. The logic is, when the primary is executed, Limit Buy (primary order), then we either want the stop to be executed to sell at a loss or a sell order (take profit).
This Order will Limit buy 10% below the current market price and once the Limit buy is executed it will either sell at a loss of 5% or Take a profit of 3%.
Sell/Short with stop loss, and Buy (Take Profit)
This order above will sell/short when the market rises above 10%, once the primary is executed it will either Buy (Take profit from the short order)when the market goes below 3% from the sell order or stop buy if the market rises 5% from the short order, which will make a loss on the trade.
DCA ORDER
DCA order allows a trader to add multiple buy or sell orders in one combined order. It also allows to accept order via a signal provider, email, or Tradingview Signals.
Order Type: First field is the Order Type. Enter the order type that you wish to execute, when DCA is activated.
Signal: This field is not required. If you wish to enable a DCA with either a signal, tradingview signal, or email, then select select the appropriate field.
Repeat: This function allows an order to repeat it self. If empty, this order will only be sent once. Enter 10 to if you wish the order to repeat 10 times.
Primary and Secondary Orders: These fields are sent as an OSO order. When the primary order is filled, then the secondary is activated.
Stop Loss: This will activate if you wish to have a stop activated with your order.