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Trade (SPOT)


Buy

A command representing a comprehensive menu of all available BUY commands for SPOT trading, such as spotbuy, softbuy, hardbuy, bollingerbuy and mabuy. In this article, all of them are described below. Note: the trade commands are secured by a password, which expires every 24 hours, so once the session has expired, you need to enter the password to unlock it.

Available plans: Basic, Pro, Ultimate

SpotBuy

A command enables the user to initiate a buy order, specifying the trade volume, price, and expiration time. Upon execution, a corresponding process will be initiated, and notifications will be sent once the order is filled and the process is complete. Suitable menus are provided to select the currency to buy, the price at which to place the order and the volume.

Available plans: Basic, Pro, Ultimate

SoftBuy

A command allows for the creation of a more sophisticated buying process. The concept behind it is to ensure 100% order fulfilment at the current BID price, enabling the trader to function as a market maker without concerning themselves with the current market price. If an order has been placed but not yet executed, and the price increases, the softbuy process automatically cancels the existing order and replaces it with a new one based on the latest market conditions. This ensures that the order is consistently at the top of the order book, increasing the likelihood of a quicker execution. In addition to this, the process also gives a feature to split the trade amount into N chunks, thereby placing N orders with corresponding smaller amounts. A timeout in minutes needs to be chosen and applied when the previous order is executed before placing a new one. (the chunking functionality is only available for the Ultimate plan users).

Available plans: Pro, Ultimate

HardBuy

A simple process allows to place a market buy order at the current ASK price. Will immediately fulfil it and send a notification about the execution.

Available plans: Pro, Ultimate

BollingerBuy

A command launches a softbuy process when the price approaches the selected Bollinger band interval price. This is the LIMIT price, so the order will only be placed when the current price is below the Bollinger band price.

Available plans: Pro, Ultimate

MaBuy

A command launches a softbuy process when the price approaches the selected Moving Average interval price. This is the LIMIT price, so the order will only be placed when the current price is below the Moving Average price.

Available plans: Pro, Ultimate

Sell

A command representing a comprehensive menu of all available SELL commands for SPOT trading, such as spotsell, softsell, hardsell, bollingersell, masell and dust. The below documentation describes each. Note: The trade commands are secured by a password, which expires every 24 hours, so once the session has expired, you need to enter the password to unlock it.

Available plans: Basic, Pro, Ultimate

SpotSell

A command enables the user to initiate a sell order, specifying the trade volume, price, and expiration time. Upon execution, a corresponding process will be initiated, and notifications will be sent once the order is filled and the process is complete. Suitable menus are provided to select the currency to sell, the price at which to place the order and the volume.

Available plans: Basic, Pro, Ultimate

SoftSell

A command allows for the creation of a more sophisticated selling process. The concept behind it is to ensure 100% order fulfilment at the current ASK price, enabling the trader to function as a market maker without concerning themselves with the current market price. If an order has been placed but not yet executed, and the price increases, the softsell process automatically cancels the existing order and replaces it with a new one based on the latest market conditions. This ensures that the order is consistently at the top of the order book, increasing the likelihood of a quicker execution. In addition to this, the process also gives a feature to split the trade amount into N chunks, thereby placing N orders with corresponding smaller amounts. A timeout in minutes needs to be chosen and applied when the previous order is executed before placing a new one. (the chunking functionality is only available for the Ultimate plan users)

Available plans: Pro, Ultimate

HardSell

A simple process allows to place a market sell order at the current BID price. Will immediately fulfil it and send a notification about the execution.

Available plans: Pro, Ultimate

BollingerSell

A command launches a softsell process when the price approaches the selected Bollinger band interval price. This is the LIMIT price, so the order will only be placed when the current price is above the Bollinger band price.

Available plans: Pro, Ultimate

MaSell

A command launches a softsell process when the price approaches the selected Moving Average interval price. This is the LIMIT price, so the order will only be placed when the current price is above the Moving Average price.

Available plans: Pro, Ultimate

Dust

A command automatically sells SPOT positions where the estimated USD amount is less than $1 and converts them into BNB (Binance Coin). If you trade a lot, you know, that sometimes orders are not fully executed, and a dust amount lies on your balance, that you can do nothing with because of the exchange minimum trade size limits. Here is when the dust command is useful for you, once called, all such positions will be sold into BNB at once, and the received BNB amount will find a better usage than lying in a portfolio without action.

Available plans: Basic, Pro, Ultimate

Cancel

A command enhances the system’s functionality by allowing users to efficiently cancel opened orders or processes. Notably, the cancellation options are intelligently tailored to the active menu, distinguishing between SPOT and FUTURES.

Available plans: Basic, Pro, Ultimate

Orders / Processes (Read info)

Provides users with a comprehensive overview of their existing open orders or ongoing processes within the bot, tailored to the active menu, distinguishing between SPOT and FUTURES.

Available plans: Basic, Pro, Ultimate