Smart Orders
Smart Orders: Time based Expiration / Entry Order Expiration
Expire Position At Time Time-based expiry allows you to automatically cancel your Entry Order (and position) after a specified time period if no entries have filled. This feature can be useful in rapidly moving markets where you anticipate that your entry might not fill. You can apply time-based expiry when creating an Entry Order, whether or not you include exit orders. It can also be added to existing orders, provided they have not yet been filled or partially filled. The feature is comFeaturedSmart Orders: Stop Loss including optional Cooldowns (Time and Candle Close) (NEW)
Overview Altrady's new stop loss options are available as exits for Smart Orders from v4.4 onward. Combined with our existing Stop Loss options, they are tailored to: Suit a variety of trading styles Minimize potential losses when markets do not recover during cooldown periods. Contents Long and Short positions in this article Stop Loss components Specifying a Stop Loss (3-sFeaturedSmart 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: Start position at ... (hidden orders)
The Start position at triggers 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. From v4.3, Start position at time is offered. Earlier versions do not include this function. 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, using the same coins.FeaturedSmart 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: 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: 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. This article gives an outline and comparison of the three types of TSL orders. More details can be fouFeaturedSmart Orders: Price based entry expiration
Price based expiration or Expire position at / Entry Order Expiration The Price based expiration or "Expire position at" can only be added when creating an Entry Order. Its purpose is to automatically cancel your Entry Order (and position) when no entry orders have been filled, or partially filled, and the specified price has been reached The expiry 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 oppositFeaturedSmart 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. 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-coins-have-PopularSmart Orders: Take Profit and 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 value of each of the intermediate steps for the LadderFew readersSmart Orders: 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 Time-Based Auto Close. After completFew 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 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 an entry order 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 Auto close can be used with or without anFew readersHow to Share an Order Set Up
Sharing your trading strategies and order setups with other Altrady users has never been easier. Whether you're collaborating with team members, sharing insights with friends, the Order Sharing feature streamlines the process. In this user guide, we will showcase a step-by-step process, on how you can share your order set up with other Altrady users. Sharing the Order Set Up Step-1: Set up your order in the Trading widget, from within the Trading Terminal. (https://sFew readers
Other Orders
How 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-oSome readersAltrady'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 ProfitSome readersAltrady'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 Order Placement The Trailing Stop Buy and Sell sell order forms are below, showing with the three components of a TSL Limit ordFew readersHow 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.Few 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
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 currently only available for supported Spot exchanges. For a list of supported exchanges, please see the following article: Which exchanges are supported? Paper Trading is available from V4.0PopularPlacing 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 readersPosition Management and Controls
Introduction Managing trading positions effectively is crucial for maximizing profits and minimizing risks. This guide provides a detailed overview of position management, covering both Smart and Manual positions on Spot and Futures markets. It explains how to create, modify, and close positions while utilizing essential tools such as Take Profit, Stop Loss, Auto Close, Start and Expiry Conditions. Additionally, it outlines when and how to convert manual positions into Smart positions foFew readersHow to Use and Manage Order Presets
Introduction Efficient trading requires speed and precision, and the Order Preset feature is designed to streamline your workflow. By allowing traders to save and apply predefined order settings instantly, this tool eliminates repetitive manual inputs, helping you execute trades quickly and with confidence. The video below provides an overview of how Order Presets work in Altrady: For a detailed step-by-step guide on managing OrdFew readersBacktesting in Altrady
Introduction Backtesting is the process of testing a trading strategy using historical market data to see how it would have performed in the past. This can help evaluate whether a strategy is potentially profitable before risking real money. Altrady's backtesting feature simulates real trading in a similar way to our paper trading paper trading. However, it uses its own simulated balances, and does not require a live or paper account.Few readers
Futures: Hedge Mode and One-way Mode
From V4.5, hedge mode integration is available on Binance and Bybit Futures exchanges. Kucoin only offers one-way mode on the exchange (and also Altrady). One-way mode only allows positions for one direction (long or short) at a time. Unlike one-way mode, hedge mode allows positions for both directions (long and short) to run at the same time, or overlap. Positions for each direction are managed separately on the exchange and in Altrady. Introductory video for HedgeFeaturedTrading Futures with Altrady
Altrady currently offers Futures trading for USDⓈ-M perpetuals only (not coin-margined), on Binance, Kucoin, Bybit and BingX. Bybit and Binance support hedge mode and one-way mode. Kucoin only supports one-way mode. A separate Trading account is needed in Altrady for a futures exchange, with its own API key with Futures trading enabled. Leverage cannot be changed after entries are filled or partially filled. BinFew readers