Smart Orders
Smart Orders: Time based Expiration / Entry Order Expiration
Time based expiration / Entry Order Expiration The Time based expiration can only be added when creating an Entry Order. It's purpose is to automatically cancel your Entry Order (and position) after a specified period of time has elapsed. The time is calculated from when you submit your Entry Order. This can be useful when trading a market that is moving quickly: if your entry has not filled within a period of time, and you believe it is unlikely to fill. The Time based expiration can beFeaturedSmart Orders: Trailing Stop Loss: Average Entry and Follow Take Profit
The smart Trailing Stop Loss orders: Average Entry and Follow Take Profit are very similar. Both offer protection for the remainder of your position once the first Take Profit order has been reached. Contents Description Comparison between TSL: Average Entry Price and TSL: Follow Take Profit Adding a TSL: AEP or FTP to your smart order ExecutioFeaturedSmart Orders: Trailing Take Profit
Introduction The Trailing Take Profit (TTP) allows for maximisation of profits by automatically adjusting the take profit price as the market price moves in your favour. Contents Detailed background and Use Case Settings Signal Bot Settings Trailing Distance (6-what-trailing-distance-to-uFeaturedSmart Orders: Price based entry expiration
Price based expiration / Entry Order Expiration The Price based expiration can only be added when creating an Entry Order. It's purpose is to automatically cancel your Entry Order (and position) after a specified price has been reached. The price should be on the same side of the current price as your exit orders. This can be useful when trading a market that moves in the opposite direction toyour entries, invalidating the reason for taking the position. The Price based expiration can beFeaturedSmart Orders: Trailing Stop Loss comparison
In V4.1, Altrady has introduced 3 new Trailing Stop Orders that can be used as stop losses for Smart Orders (including Signal Bot orders). These provide options for traders to automatically reduce their risk exposure when the price is going in their favour. These orders can only be used as exits for Smart Orders, along with at least one Entry order, and optionally, Take Profit Orders as well.They cannot be used for coins that are already owned. This article gives an outline and comparison of tFeaturedSmart Orders: Start position at ... (hidden orders)
The Start position at trigger can only be added when creating an Entry Order. It's purpose is to delay placing the entry orders and starting the position until a specified price is reached. While similar to a Stop Order (Market or Limit), the Start position trigger: never reserves coins for the entries allows for more than one entry to be placed at the same time can be placed above or below the order book (whereas Stop Limit and Market orders can only be placed on one side of the OrdeFeaturedSmart Orders: Trailing Stop Loss: Follow Price
Trailing stop loss orders are an essential tool for traders and investors to manage risk while maximizing potential profits. In this article, we will explore the functionality of the TSL: Follow Price feature in Altrady crypto trading software. This feature allows users to set trailing stop loss orders that dynamically adjust with price movements, enabling them to secure profits and limit losses effectively. Use Case The TSL: Follow Price feature in Altrady enables traders and investorFeaturedSmart Orders: Quick Start Guide
Altrady Smart Positions allow traders to take full control over their positions, simplifying entry orders and automating exit orders. If you are an experienced Altrady user, this guide will help you to navigate the Smart Order features (beta). Related Resources: What if I already own some coins and want to add a TP and SL to them? (/en/article/placing-exit-orders-when-coinPopularSmart Orders: Take Profit and Exit Ladder
Smart Order Options: Take Profit / Exit Ladder Take Profit / Exit Ladder is used to add one or more Exit Targets to a new Entry order, to create all-in-one or Smart Order (Buy then Sell or Sell then Buy). Overview There are two types of Take Profit/Exit Ladder: Scales is used for 2 to 10 exits as a ladder. You choose the high and the low exit price, the number of orders (steps), a Price Scale and a Size Scale (details below). Using these, Altrady will calculate the price and valueSome readersSmart Orders: Stop Loss
Smart Order Options: Stop Loss The Smart Stop Loss can be used to add a Stop Loss to a new position. (To add a Stop Loss to an existing position, use the Stop Limit order at the top of the Trading widget.) Any Entry type can be combined with a Smart Stop Loss order: Market, Limit or Ladder. The Smart Stop Loss can also be combined with any or all of the other Smart Order options: Entry Order expiration; Take Profit/Exit Ladder and TimSome readersSmart Orders: Time-based Auto-close
The Time-based Auto-close allows the trader to automatically exit a trade that takes too long to reach either Take Profit or Stop Loss. It will only be activated once your last entry has filled. If this option is set, at the specified time your position will be fully closed regardless of the profit or loss. For a Long position, the coins will be sold at the market price, and for a short position, coins will be bought at the market price. The Time-Based Autoclose can be used with or without anFew readersSmart Order Options: Post Only and Time in Force
Add Order options to your Smart Orders for full control over execution. These options are found under the buttons to place or cancel an order. Two options are available: Post-only Time in Force Post Only Available as an additional option to Limit or Stop Limit Orders, Post Only Orders ensure that your Limit Orders will be placed in the Order Book (OB) and be eFew readers
General
Paper Trading on Altrady
Altrady’s Paper Trading facility allows traders to practise trading, test and compare strategies, explore exchanges, run bots and place all types of orders on all of the spot exchanges Altrady supports. Paper Trading is available from V4.0, which can be accessed here or download and install the latest version of the app under Settings>Check for Updates. See also: Managing Multiple Accounts on the same exchange (/en/article/trading-accounts-managing-multiple-accountFeaturedPlacing Exit Orders when Coins have already been Bought (or Sold)
If you wish to place both Take Profit and Stop Loss orders, the options are: For Binance and Binance US, use the OCO order to place a TP and Stop Limit Order at the same time. See our OCO documentation for details. Linked above. For other Spot exchaFew readers
Other Orders
Altrady's Trailing Stop Orders Part 1: An Introduction
Part 1: An Introduction Purpose Altrady’s Trailing Stop Orders Trailing Stop Order Components Example 1. Trailing Stop Buy Example 2. Trailing Stop Sell See also: Altrady's Trailing Stop Orders Part 2: Placing and Executing Orders Video: Take ProfitPopularHow to Use and Place an OCO Order
OCO Quick Guide What is the OCO order for? When can it be used? How does the OCO order work? How to place an OCO Sell Order How to place an OCO Buy Order OCO Quick Guide The OCO order can only be used on Binance and Binance US exchanges (not Binance Futures). Smart Positions (/en/article/smart-oPopularAltrady's Trailing Stop Orders Part 2: Placing and Executing Orders
Continued from: Part 1: An Introduction Part 2: Placing Orders Order Placement Order Execution and Error Codes Optimisation: Choosing Values See Also: Video: Take Profit and Trailing Stop Orders Order Placement The Trailing Stop Buy and Sell sell order forms are below, showPopularHow to Place a Stop Limit Order
The trading widget of Altrady allows you to place stop-limit buy and sell orders with the click of a button. The stop-limit order type in the trading widget lets you manually enter or configure the percentage of assets to be bought and sold as well as the stop price and the buying/selling price.Some readersHow to Set a Ladder Order
The trading widget of Altrady lets you set ladder buy and sell orders from your Altrady platform without having to go to your exchange terminal. In this documentation, you will understand how to: Set a ladder buy order Set a ladder sell order Let’s begin.Few readersHow to Place a Limit Order
With the help of the trading widget, you can place limit orders quickly and effortlessly. The limit order type in the trading widget lets you manually enter or configure the percentage of cryptocurrencies to be bought and sold and the buying/selling price. In this documentation, you will understand how to: Place a limit buy order Place a limit sell order Let’s begin. How to PlFew readersHow to Place a Market Order
The trading widget of Altrady allows you to place market buy and sell orders with the click of a button. The market order type in the trading widget lets you manually enter the amount of cryptocurrencies to be bought and sold. In this documentation, you will understand how to: Place a market buy order Place a market sell order Let’s begin. A. HowFew readers