Price Bot
Available to Premium and Professional Users
Price Bot allows traders to buy and sell a digital asset at target buy and sell price levels.
If a user sets 3000 USD as the Buy Price (entry condition) for an instrument and 3500 USD as the sell price, the Price Bot will execute a buy order if the price of instrument's price hits 3000 USD and the price is previously higher than 3000 USD.
Assuming Buy Price = 3000 USD and Sell Price = 3500 USD
Let us assume the instrument is a stock for the examples listed below.
X (bot created)
3200
Does nothing
X+1
3600
Does nothing
X+2
3000
Buys Stock
X+3
3400
Does nothing
X+4
3500
Sells Stock
Another example with same Entry and Exit conditions:
X (bot created)
2900
Buys Stock immediately
X+1
3000
Does nothing
X+2
3200
Does nothing
X+3
3000
Does nothing
X+4
3500
Sells Stock
Last updated