Retracement Catcher 1.0

Retracement Catcher 1.0

Retracement Catcher is a trading strategy that involves purchasing an asset at a level of strong demand, or support in the bullish trend and vice versa in the bearish trend.

In the volatile world of cryptocurrency, Retracement Catcher can be a useful tool for traders looking to enter the market at a potentially lower risk point.

In this post, we will introduce a new trading bot that implements a Retracement strategy specifically designed for the crypto market, and discuss how it has been successful in generating profits for its users.

 

What is Retracement Catcher Bot and how does it work?

Our trading bot, called Retracement Catcher Bot (RCB), uses advanced algorithms to identify key levels of support and resistance in the crypto market and take advantage of them.

In the bullish scenario, the bot begins by analyzing the trend swings of an asset and identifying strong levels of support, which may indicate a potential pull-back move.

When the bot detects such a move, it adds a second bot called TPA (Trade Personal Assistant) to manage the trade entry, take profit, stop loss, risk management, money management, and exit conditions. The bot can scan all trading pairs on a specific crypto exchange and allows the user to add as many trades as they wish, capitalizing on any potential pull-back action in the market.

The bot also includes customizable parameters, such as the level of risk the user is willing to take and the specific cryptocurrencies they want to trade.

read more about: how it works and how to run it

 

Examples of Successful Trades:

Since its Beta launch, Retracement Catcher has helped its users make numerous successful trades using the buy support strategy. Few examples for trades executed last year: TRB/BUSD +4.7%, NEAR/BUSD +4.4, OG/BUSD +5.3, 

 

 

 

 

Risks and Limitations:

Like any trading strategy, trading on a pull-back movement carries certain risks and limitations like the down movement can be severe in dump situations and it may last for an extended period of time. It is important for traders to understand that there is no guarantee of profits when using the Retracement Catcher bot or any other trading tool. It is also important to be aware of the inherent volatility of the crypto market and to carefully manage risk and capital when using the bot.

 

Conclusion:

In conclusion, RCB strategy has been successful in helping its users make profitable trades in the crypto market. While there are always risks involved in trading, the use of a well-designed tool like Retracement Catcher Bot can help traders make informed decisions and potentially increase their chances of success.

RC Bot Documentation >>>

Spider Grid 2.0 (Bot + Scanner)

Spider Grid 2.0 (Bot + Scanner)

Grid trading bots are the most popular trading bots in the cryptocurrency market. Crypto Exchanges start providing a similar bots as a free service because these bots executes so many trades per user, and the more trades executed the more fees they can collect.
However, the majority of these bots is missing important information, which is the best trading pair/symbol in the market to run on.

While traders have limited capital through a limited number of pairs to run grid bots on, traders are always confused about which is the best pair for the grid strategy?

Enter: Spider Grid Scanner

Spider Grid Scanner is a supplementary strategy to Spider Grid Bot 2.0.
It helps to solve this dilemma by scaning the whole trading pairs (ex. USDT pairs) on a certain exchange like Binance, Kucoin, Huobi, OKx, or FTX, to give the best 5 pairs to run the Spider Grid Bot on.

The outcome of the scanning will be the following information:
-Step percentages
-Lower Limit price
-Upper Limit price
-TP price
-SL price

You can pick any of the 5 best pairs, enter the outcome parameters in the Spider Grid Bot, enter the capital per trade, or the total amount of capital for the whole grid, then hit run.
Spider Grid Bot will then keep buying and selling this pair at each level in the specified range until the price hits TP or SL then it will stop.

Spider Grid Bot has two modes.

In the Bullish Mode, when the price hits TP, the bot will just stop. When the price hits SL the bot will stop and sell all sell limit orders at the SL price.

In the Bearish Mode, when the price hits TP, the bot will just stop. When the price hits SL the bot will stop and buy all buy limit orders at the SL price.

SpiderGrid Bot 1.0

SpiderGrid Bot 1.0

Crypto market volatility is one of the most unique attribute of an immerging market. To use this volatility to your benefits we created Grid Bot that can profit from all price movements up and down.

 

Grid Bot is an automated strategy where you set the price rang you wanted to operate in and the number of levels in this range and the capital per level then it will MILK the market whether it moves up or down in this range. The longer the market moves in this range the higher the profit it will be. While we are in a bear market now and close to the bottom of the bear market it is the best time to use Grid strategy because you are protected from the down side.

 

How to use SpiderGrid Bot

 

 

 

In 3rdDimension open StrategyRunner (stR), then choose SpiderGrid Bot.

 

Then you will need to input the following parameters:

1- Licence : select your active license, and pay attention that your Licence set the limitation to the number of allowed Grids and the max quantity per each Trade.

2- Symbol : the pair you want to trade on. which you already have its quote.

3- Trigger Price: if you want the Bot to start at a specific price level.

Price Range : 4- Lower Limit  5- Upper Limit.

6- Level Mode: the number of levels in the price range you chose, 3rdDimension lets you to choose one of the 3 types of dividing your grid:

  • Fixed Step: so that between each level there is a fixed numerical value.
  • Fixed Percentage: between each level there is a fixed price percentage.
  • Fixed Num of Levels: the price range is divided into a specified number of levels.

7- The numerical value of the previous parameter.

8- Then you are free to choose to input Quote Quantity per trade and the bot will calculate 9- Full Quote Quantity, and vice versa.

10- Instance name: name your Bot to easily manage it from Strategy Manager.

 

Example:

 

 

 

1- Licence : Nemo let you to open 1 grid with max of 15$ Quote Quantity per Trade,

2- Symbol : Dose-USDC

3- Trigger Price: 0 so the Bot will operate at the current price.

Price Range :
4- Lower Limit: 0.03175 Dose
5- Upper Limit: 0.03355 Dose

6-7- Level Mode: Fixed Num of Levels (5).

8- Quote Quantity per trade: 10

9- Full Quote Quantity: 50

SBR” The first fully automated bot on 3rdDimension has finally arrived

SBR” The first fully automated bot on 3rdDimension has finally arrived

Imagine there is a bot that can buy every resistance breakout retest in the crypto market, and then trail your TP based on adaptive price action to close the trade on the best possible price before it retraces down.

But also set a perfect risk adjusted SL when a candle closes below the closest support, In addition, you can set the parameters to exit the trade on a breakeven if any candlestick closes below that resistance you entered at, assuming that it was a false breakout.

No need to imagine anymore because SBR bot can do all of this and even more.

SBR is a cutting-edge smart bot that scans the whole crypto market to identify all resistance levels that meet your market conditions picked in the settings and then add a separate TPA for each trade opportunity and only enter the trade if that resistance has been retested after a candle closes above it.

Each TPA is a semi-automated bot that can manage the trade TP,SL,breakeven Exit, Trailing TP, Risk Management and Money Management.

You can manage all TPAs in the TPA Manager Panel.

Read more details about SBR_BOT

SBR” The first fully automated bot on 3rdDimension has finally arrived

SBR” The first fully automated bot on 3rdDimension has finally arrived

Imagine there is a bot that can buy every resistance breakout retest in the crypto market, and then trail your TP based on adaptive price action to close the trade on the best possible price before it retraces down.

But also set a perfect risk adjusted SL when a candle closes below the closest support, In addition, you can set the parameters to exit the trade on a breakeven if any candlestick closes below that resistance you entered at, assuming that it was a false breakout.

No need to imagine anymore because SBR bot can do all of this and even more.

SBR is a cutting-edge smart bot that scans the whole crypto market to identify all resistance levels that meet your market conditions picked in the settings and then add a separate TPA for each trade opportunity and only enter the trade if that resistance has been retested after a candle closes above it.

Each TPA is a semi-automated bot that can manage the trade TP,SL,breakeven Exit, Trailing TP, Risk Management and Money Management.

You can manage all TPAs in the TPA Manager Panel.

Read more details about SBR_BOT

The New Divergence Indicator and Strategy

The New Divergence Indicator and Strategy

What is Divergence?

Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator.

And it warns that the current price trend may be weakening, and could lead to change in the price direction.

 

What are the best indicators to use for divergence?

In general all oscillator indicators can be used in spotting divergence. We added the most famous indicators that traders use to spot divergence such as RSI, Stochastic, MACD, Momentum, CCI. 

How to use Divergence?

Traders use divergence to assess the likelihood of a price reversal for a certain asset. If the asset price is rising and making new highs, ideally the oscillator is reaching new highs as well. If the asset price is making new highs, but the oscillator starts making lower highs, this warns the price uptrend is weakening and a reversal or pullback is possible. On the other hand, if the asset price is creating lower lows and the oscillator is forming higher lows that indicate the down trend is weakening and reversal can happen.

What is unique about Divergence?

Divergence is considered as a leading indicator even though it uses lagging indicators. What makes divergence a unique signal is that it is not obvious to the naked eye which makes it more valuable to the trader because less people will be able to spot such a signal in the market.

Divergences can help us find better and more reliable trade entries. Divergences can not only be used by reversal traders but also trend-following traders can use divergences to time their exits.

Types of Divergence:

Divergence signals can be categorized based on its direction or its effect direction, and then on its strength.

 

Regular Divergence (indicate reversals)

Bullish Divergence: Price creates lower low and the indicator creates higher low

Bearish Divergence: Price creates higher high and the indicator creates lower high

 

Hidden Divergence (indicate continuation)

Bullish Hidden Divergence: Price creates higher low and the indicator creates lower low

Bearish Hidden Divergence: Price creates lower high and the indicator creates higher high

 

Divergence Classes (strength)

Class A (Strong): both price and indicator divergence lines are steep.

Class B (Medium): Price line is almost straight while indicator line is steep.

Class C (Weak): Indicator line is almost straight while price line is steep.

How to open DivDiv Indicator ?

Gif1

Open DivDiv indicator from the indicators list on the upper left side of the chart panel.

To open the indicator settings just click on the name of the indicator in the sub-window.

DivDiv Indicator settings ?

Gif1

Indicator Base: choose the Oscillator that you want to see the Divergence on it from the list of supported indicators.

Divergence Type: choose between two types of Divergence; the Regular (Reversal) type and the Hidden (Continuation) type.

Confirmation Method:

(None) to see all possible Divergences without any type of confirmation,

(Last Peak) to see only the Divergences that the indicator closes above/below latest peak.

(Max Peak) to see only the Divergences that the indicator closes above/below maximum peak.

Divergence Strength: (explained in the Types of Divergence table above )

(Weak) DivDiv Indicator will show all strength levels of Divergence.

(Medium) DivDiv will show all medium and strong levels of Divergence.

(Strong) DivDiv will Show only strong levels of Divergence.

DivScanner Strategy

Gif1

DivScanner Strategy helps you Scan the Crypto Market for any type of Divergence and send you notification when it finds one.

DivScanner Strategy Settings

Gif1

Value, Build From: choose the timeframe that you want to search Divergences on.

FromDate: choose the starting date and time that Divergences can be drown from.

Divergence Strength, Confirmation Method, Divergence Type: explained in the DivDiv indicator settings.

Quote: choose the Quote that you want to search for Divergences on all pairs belong to that Quote.

Included Pairs*: write Pairs you want to add to the search to the Quote list. ex: you chose Quote=BTC and you want to add ETH/USDT to all BTC Pairs so you write USDT in the Included Pairs.

Excluded Pairs*: write Pairs you want to Exclude from the Quote list.

Exclusive Pairs*: If you want DivScanner to run on specific numbers of pairs, then you added them in Exclusive Pairs. ex: Exclusive Pairs=BTC/USDT, LINK/BTC, ETH/USDT

*Text is not case sensitive and doesn’t consider spaces between symbols, just add a comma between each symbol.

Min Volume: write the minimum 24h volume to filter the Quote search. ex: Quote= BTC, MinVolume= 100.

Max Volume: write the maximum 24h volume to filter the Quote search. ex: Quote= BTC, MaxVolume= 1000.

Gif1

You can also choose which indicators you want to scan for Divergences with DivScanner.

Imbalance  chart

Imbalance chart

Volume Imbalance on the cluster chart

Cluster chart in ThirdDimension platform allows you to see the traded volume at each price level and understands the intentions of traders regarding the future price. In the new version, we have changed the settings and added 3 types of cluster chart: Single, Double and Imbalance.

● Single cluster shows only one data type per each bar.

● Double cluster allows you to select two data types that will be shown in each bar. For example, you can select Volume for the first data type and Delta for the second data type.

● Imbalance in footprint chart highlights the price levels where a buy trade volume is excess over a sell trade volume. Diagonal Bid/Ask imbalance displays aggressive buy market orders lifting the offer and aggressive sell market orders hitting the bid.

 

In the cluster chart settings, you can specify the ratio between buying and selling volumes diagonally at each price level. For example, Ratio = 3 will show on the chart all the imbalances, where the excess of buying over selling will be above 300%.

Additionally, you can set three different levels of imbalance and specify color settings for each of them.

Stacked Imbalances shows zones of multiple consecutive imbalances that occur on bid or ask side. These zones are important support/resistance levels because they are levels where participants aggressively wanted to get into the market. So when the market retests those levels, the same participants may appear again.

Unfinished auction is also known as unfinished business occurs at bar high/low prices where both buy and sell volumes were traded. The appearance of the unfinished auction indicates a possible continuation of the movement.

Aggregated trades in Time & Sales panel

This new mode in Time & Sales panel, also known as Reconstructed Tape, allows tracking large traders, by summing up trades that match in price, direction and time. For example, if at the price of 2998 single trades were executed at the same time (00:664) and direction (Sell), all trades are summed up.

By setting the additional Time Delay parameter, trades will continue to aggregate at different times, but with the same price and direction.

 

By adding various conditions for coloring or filtering rows via the Setup Actions menu, you will see only the desired values. Please watch our video guide about this amazing feature and if you have any questions or suggestions, feel free to contact us or leave your comments below.

Connection to Binance Margin

Connection to Binance Margin

Connection to Binance Margin

The new connection extends the list of existing connections to Binance, most of which we have already implemented — Binance Spot, Binance Futures, Binance US. The main difference between Binance Margin and Binance Spot is that traders can borrow funds to increase their deposit before making a trade. This allows traders to expand their opportunities by trading with more instruments.

 

Account Operations panel

After we have connected Binance Margin, we received many requests to create a special panel, through which traders can transfer funds between their Binance accounts. We liked this idea and created the Account Operations panel.

This panel allows you to perform various operations with a trading account — Funds TransferBorrowRepay. Currently, it works with Binance Margin, Binance Futures and Binance Spot.

DOM Trader improvements

DOM Trader improvements

Trading & visual improvements in DOM Trader panel

We’re always working hard to make ThirdDimension better and especially its main trading panels like DOM Trader. For the last month, hotkeys, visual changes, and improved performance have been added to this panel!

● Added Total Rows for Bids, Asks, Buy and Sell columns. This row shows the total number of placed orders at different prices that are outside the visibility area. In addition, it shows the sum of limit orders at Bid and Ask side, allowing to estimate the imbalance between buyers and sellers.

● Added the ability to change Custom tick size “on the fly” by holding Ctrl key and scrolling the mouse wheel.

● Added the ability to set the number of levels for Bid/Ask columns.

● Added the Ctrl+Q hotkey that will call a small window where you can quickly change the Order Quantity.

● Ctrl+1, Ctrl+2, etc. hotkeys will apply predefined Order Quantity from the list. This list can be changed in the panel settings by specifying the necessary order sizes or adding more buttons.

● Added a new confirmation that will ask about closing the panel. This option will save from accidental panel closing.

● Visual marker of the size for a new order. In case of accidental changes in the order size, you will notice with what volume the new order will be set.

● Increased speed of placing, modifying, and canceling orders with Rithmic connection.

DOM Trader improvements

Added a tooltip that shows the size of the order that trader is going to place. This will allow hiding the order entry sidebar, focus only on the trading process and always understand the order size that will be placed in the market.

Also, for Binance and Binance futures we have improved the Cancel Orders function, which will cancel all orders simultaneously (!). For those who actively trade cryptocurrencies and place a large number of orders, this option will speed up the cancellation of working orders.

Hope you enjoy the new Imbalance feature, and let us know what you think! Leave your questions and feedback and our team will be happy to help!

Connection to CTS technology

Cunningham Trading Systems (CTS) is a technology that provides access to many of the world’s largest exchanges for trading futures, options. In fact, it is the same trading connection as Rithmic, with a wide coverage of exchanges and brokers.

Improved DOM Trader panel with Slim mode

All major changes can be grouped into two categories: visual changes, new columns & features.

Updated UI for Order Entry sidebar

Thanks to close cooperation with professional traders, we have made many visual changes for the Order Entry sidebar. Firstly, it became 30% smaller and we also added Slim mode which reduces the size of the sidebar by 60% (!). For traders who have DOM as their main trading panel, this compact view will be appreciated. In addition, for even more space savings, you can remove signatures of some fields using the No Labels option.

Drag & Drop columns

Another important change we’ve implemented in the panel is the resizing and dragging of all the columns to any location. As a result, each trader will be able to customize the appearance of the panel at his own discretion.

Quick quantity buttons improvements

Surely many of you are already familiar with Quick quantity buttons, on which you can set any order volume. In the new version, we have added support for mathematical signs before the values to quickly increase, decrease or reset the current value.

 

 Liquidity changes column (known as Pulling and Stacking)

Pulling and Stacking describe the summary of the Liquidity Order Book (LOB) for Bid and Ask Side separately. Stacking shows an increasing Volume in the Order Book for the Sell-Side (Ask) or Buy-Side (Bid) and reflects therefore a supportive intention for the price to move in the corresponding direction. Whereas the Pulling shows a decrease in the Volume in the Order Book and therefore a lack of interest.

If you are considering a short position, buyers pulling bids and sellers stacking offers can provide a trigger for a trade.

If you are considering a long position, buyers stacking the bids and sellers pulling the offers can provide a trigger for a trade.

Number of changes and Cumulative changes columns

Number of changes shows how many times the values have changed at a particular price level (Bids x Asks). Cumulative changes shows the total volume that changed at a specific price level since the panel launched.

Why Number of Changes and Cumulative changes are important?

The liquidity on the Depth of market is constantly changing due to very different types of reasons. The fast changes occurring simultaneously on the bid and ask side are very difficult to track with the naked eye. It becomes even worse when you have over 10 levels.

This is the part where the number of changes and cumulative changes comes on handy. For a buy trade, you would expect to see an increasing number of changes combined to higher cumulative changes showing increasingly adding liquidity at a higher pace. Even better, would it be combined to a higher cumulative change on the ask side to the downside, showing participants eager pulling out the liquidity.

In addition, all three columns have several reset modes:

  • manual reset of every single column via the context menu
  • automatic reset after a certain time or after a specified number of ticks.

Flexible position management in Option Analytics

Position and strategy management in the Option Analytics panel has become more flexible, thanks to a quick selection of strikes, a reversal button of a single strike or a strategy, and increased volume. In addition, when adding several different strategies, you can quickly include or exclude the entire strategy or a single strike from the profile analysis mode.

 Trailing Stop order with Rithmic

After launching bracket and OCO orders for Rithmic several months ago, we made further improvements to our advanced order types. Trailing Stop is now available on ThirdDimension platform with Rithmic to better help you automate trades and mitigate risk. This order type tracks the current price against the existing position. Once the price is on a positive side for you, the stop order moves closer, reducing the risk.

 

TPA manager-The new added features to the TPA

TPA manager-The new added features to the TPA

TPA manager-The new added features to the TPA

TPA is the first trade personal assistant invented by eng. Sadik Bitar. It’s a bot that can help you manage your trades in advance, automate your entry and exit, to have the ability to apply complex trading scenarios. 

Every trader needs to take 3 decisions in each trade:

1- when to enter (the price of entering the trade).

2- when to exit (an exit price).

3- The quantity (capital percentage).

Those three decisions have to be taken regardless of the applied strategy, here TPA comes in handy. TPA allows you to configure entry and exit conditions in advance.

You can choose to enter the trade in so many different situations, whether it’s resistance breakout, buy support, to enter when the price hit a certain value, to enter when a bar or candle close, or to enter when you break resistance and retest it, and to choose a type of your order whether it’s a limit or market or local limit.

The same concept or conditions are applied in the exit behavior whether it’s “ take a profit TP or stop loss SL or exit when entry condition fail (false breakout)” 

What is even more unique about TPA is that you can apply all these scenarios by drawing on the chart.

It literally can take 3 seconds to apply a complex trading strategy and run it. From that point forward, TPA will handle the execution of your conditions and strategy automatically without even sleeping. In addition, the TPA manager lists all TPA strategies across charts so it becomes easy and convenient to see and manage all your trades and even change any value or condition live.

Another unique benefit of TPA is the ability to keep your capital free and not reserved in a limit order while you are waiting for the price to activate the order. And that’s by using the local-limit order type where it saves the condition inside the strategy and not sending it to the exchange, therefore you have free capital (margin) to run multiple TPA trades on multiple charts (opportunities) at the same time the TPA will activate the trades that respect your conditions first so you save time by not waiting your orders to be filled and you take advantage of liquid and fast base pairs.

How To Run TPA?

To run TPA you have 2 options:

First:    by opening a chart then choosing TPA from drawing tools at the left side and the just click anywhere in the chart then TPA will appear with its default values .

Second:   open the TPA manager from the main menu and click + and choose a pair that you want to trade on. Next, click settings and fill all the conditions according to your scenario. 

Right now you find settings that have 6 sections:

general, enter, exit, TP, Sl, logs.

 

General:

strategy:

1.In strategy, you choose the general behaviour of the trade:

 You can pick ResistanceBreakout when you want to trade breakout of a certain resistance or price (the current price should be below the enter price)

 Pick BuySupport when you want to enter the trade when the price moves down to a certain level. (current price should be above the enter price)

Pick TPnSL if you want to use TPA as a Take Profit and Stop Loss only. (you have to fill a quantity that you want to sell manually).

2.You can enable or disable the extra exit behavior by clicking on this option.

3.Repetition behaviour: 

 One time: strategy will stop after it executes enter and exit behaviour.

Continuous: strategy will run enter behaviour each time if exit behaviour occurs. Note continuous behaviour applies only after exit behaviour and not after TP and SL behaviour. 

Time frame:

choose the time frame of the chart that you want to trade on. (same time frame will be applied to the candlesticks in the condition behaviour)

Order Parameters:

1.Account:   select the exchange licence (connected API).

2.Symbol:   select trading pair.

3.Quote Percentage:  percentage of your quote quantity that you want to enter the trade with.(BTC/USDT = Base/Quote).

4.Calculate Quantity at run time:  when checked, TPA will calculate the Base quantity at the execution price of the trade (it gives you the advantage of dynamic allocation of the capital, it calculates the Quote percentage based on the remaining Quote quantity).


5.Save Fees:  when checked, TPA will set the enter price below the Enter price specified the settings with a percentage equivalent to exchange Fees.

6.Base – Quantity (applied): The quantity that applied in the trade (calculated automatically from Quote Percentage at the current price of the pair).

7.Quote – Quantity: The equivalent of base quantity in the Quote currency.(calculated automatically from Base Quantity at the current price of the pair).

Enter:

 

1.Enter event: choose the type of the enter behavior event.

On price hit: execute Buy trade when the price hits Buy Price.

On Bar close: execute Buy trade when a Bar/Candlestick closes above Trigger price.

On Bar retest: execute Buy trade when Bar/Candlestick closes above Trigger price and retrace/go back to the Buy price.

2.Enter order type: 

Limit: execute limit buy order, when the condition is met.

Market: execute market buy order, when the condition is met.

Local limit: execute local limit buy order, when the condition is met.

TPA will put a buy limit order when price goes below LocalLimit trigger price and will delete this buy limit order when the price goes above this LocalLimit trigger price.

3.Trigger Price (%):   a percentage that will be added to the Buy price.

4.Trigger Price:   it’s a specific price that’s calculated from the Trigger Price (%).

5.LocalLimit Trigger Price (%):   a percentage that will be added to the LocalLimit Trigger Price.

6.LocalLimit Trigger Price:   it’s a specific price that’s calculated from the LocalLimit Trigger Price (%).

7.Buy Price:  is the exact price that the trade will execute a buy order on.(note: when Enter Event is set to OnBarClose then the trade will execute the buy order at the close price of the candle that closed above Buy Price).

Exit:

 

1. Exit order type:

Limit: execute limit sell order, when the condition is met.

Market: execute market sell order, when the condition is met.

2.Exit Trigger Price (%):   

A percentage that will be added to the Exit Trigger Price, and calculated based on Enter Price.

 3.Exit Trigger Price:

 It’s a specific price that’s calculated from the Exit Trigger Price (%).

 4.Exit Price (%): 

 A percentage that will be added to the Exit Trigger Price, and calculated based on Enter Price.

5.Exit Price: 

It’s a specific price that’s calculated from the Exit Trigger Price (%), it’s the exact price that the trade will execute a sell order on.

TP:

 

1. TP order type:

Limit: execute limit sell order, when the condition is met.

Market: execute market sell order, when the condition is met.

2. TP event: choose the type of the take profit behavior event.

OnPriceHit: execute Sell trade when the price hits TP Price.

OnBarClose: execute Sell trade when a Bar/Candlestick closes above TP price.

3. TP Price (%): a percentage that will be added to the Buy Price, and set in the TP Price.

4. TP Price: it’s a specific price that’s calculated from the Buy Price (%), it’s the exact price that the trade will execute a sell order on. (note: when TP Event is set to OnBarClose then the trade will close at the exact close price of the candle that closed above TP price).

SL:

 

1. SL order type: 

Limit: execute limit sell order, when the condition is met.

Market: execute market sell order, when the condition is met. 

2. SL event: choose the type of the stop loss behavior event. 

OnPriceHit: execute Sell trade when the price hits SL Price.

OnBarClose: execute Sell trade when a Bar/Candlestick closes below SL Price. 

3. SL Price (%): a percentage that will be subtracted from the Buy Price, and set in the SL Price.

4. SL Price: it’s a specific price that’s calculated from the SL Price (%), it’s the exact price that the trade will execute a sell order on. (note: when SL Event is set to OnBarClose then the trade will close at the exact close price of the candle that closed below SL price).

Logs:

 

Logs prints all necessary information about strategy behavior and orders executions, and it appears in two places: on the TPA in the chart and in the TPA Manager.

TPA manager:

 

TPA manager is the panel where you can manage all your TPA trades.

Every TPA that has been drawn on any chart will appear in the TPA manager, you can also add new TPA.

Run all will run all TPAs that are listed in TPA manager.

Stop all will stop all TPAs that are listed in TPA manager.

How to save TPA default values:

From the TPA manager right click on the TPA trade you want to save its values as default and then click set as default.

When you save default values or a certain TPA will save all the settings and the percentages .

Pick which field or setting you want to show in the main bar

Open or close the settings section