The entry and take-profit strategies will determine how the amount will be divided between the targets by default when creating a trade.
Please note that these values will only be used for trade you create independently, or trades created from signals that did not specify the percentages for each target.
When a signal specifies the amount percentages for each target then these values will override your configured values and will be used by default instead.
Of course, when creating a trade by following a signal or independently you will always have the option to change these default values.
The bot offers the following entry strategies:
- Evenly Divided
- One Target
- Two Targets
- Three Targets
- Fifty On First Target
- Decreasing Exponential
- Increasing Exponential
- Evenly Divided:
This is the default option when you first open this section as can be seen in the top message, so you will not see this option as one of the offered option.
When using this option, the bot will evenly divide the trade amount between the different entry targets.
For example, when creating a trade with 4 entry targets, the bot will place 25% of the trade amount in each entry target.
- Fifty On First Target:
Using this option, the bot will place 50% of the trade amount on the first entry target, and will divide the other 50% equally among the remaining entry targets.
- Decreasing Exponential:
In this strategy, starting from the entry target with the highest price, each target will have half the amount as the previous entry target, such that the first target has the largest percentage of the trade amount and the last target has the smallest percentage.
The amount percentages will be divided in a way such that their sum will still equal 100%.
For example, when 4 entry targets are defined the first entry target with the highest price will have 53.333% of the trade amount, the second target will have 26.666% (half the amount of the previous target), the third target will have 13.333% and the last entry target with the highest price will have 6.666% of the trade amount.
- Increasing Exponential:
In this strategy, starting from the entry target with the highest price, each target will have twice the amount as the previous entry target, such that the first target has the smallest percentage of the trade amount and the last target has the largest percentage.
The amount percentages will be divided in a way such that their sum will still equal 100%.
For example, when 4 entry targets are defined the first entry target with the highest price will have 6.666% of the amount, the second target will have 13.333% (twice the amount of the previous target), the third target will have 26.666% and the last entry target with the highest price will have 53.333% of the trade amount.
Note:
How we use these strategies and when?
Our market measurement analysis will tell you how to get into the trade to get the most profit with the at least risk!
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