ADVANCED AND PROFESSIONAL

Ladder entry or dollar cost average

Setting up a position with multiple entry orders will ensure that you are able to slowly enter the market and reduce your average entry price. The system will reserve your entry orders on the exchange and adjust your exit orders as soon as a new entry order is filled.

ADVANCED AND PROFESSIONAL

Entry time expiration

Using limit orders is a great way to only enter the market if the price reaches your desired level. It’s generally not a good idea to leave your entry orders open indefinitely, so using a timer to automatically cancel your position is a great way to eliminate the risk of getting stuck in the wrong trade.

ADVANCED AND PROFESSIONAL

Take profit orders

After entering a position, you will need to exit the position at your desired exit percentage. Using the take-profit orders, your position will automatically place exit orders on the exchange as soon as entry orders are filled.

This allows you to even make trades while you are away from your computer, or if you’re busy looking for the next market to trade.

ADVANCED AND PROFESSIONAL

Stop loss orders

In order to protect your position or to lock in your profits, you can setup a stop loss. As soon as you have executed entry orders, the system will monitor the price level. When the price reaches your stop price, your position will be canceled and a market or limit is used to exit the position. You can use a cooldown, to prevent stop loss execution on fast price action.

ADVANCED AND PROFESSIONAL

Time based auto close

If you don’t want a position to take too long, you can specify the time a position is allowed to stay open. When the time has reached, the position will be closed at market value.