"Sell Order" Tab

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“Sell order → SellShot" Tab

  • IgnoreSellShot: YES/NO checkbox.
    If YES is selected, do not apply (ignore) the SellShot algorithm after purchasing a coin and placing a Sell order. In this case, a grey stripe is displayed to the left of the tab, indicating that the parameters on this tab are ignored.
    If NO is selected, apply (do not ignore) the SellShot algorithm after purchasing a coin and placing a Sell order. In this case, a green stripe is displayed to the left of the tab, indicating that the parameters on this tab are active.The green or grey stripe allows you to see whether the SellShot parameters are enabled or disabled even when the Sell order → SellShot tab is closed.

  • SellShotDelay: field for specifying the delay in fractional seconds from the moment of purchase after which the SellShot algorithm is applied. If 0, the SellShot algorithm is activated immediately upon initial placement of the Sell order.

  • SellShotDistance: field for specifying the distance between the “market” and the Sell order in percent. The algorithm maintains the Sell order at the specified distance from the current price (similar to orders in the MoonShot strategy). The “market” price is determined by the maximum price for longs or the minimum price for shorts over SellShotCalcInterval seconds. If SellShotPers = 0, not applied.Special cases:a) SellShotDistance = 0.0001 can be set to place the take-profit directly at the ASK boundary for longs or at the BID boundary for shorts.b) A negative SellShotDistance can be set, in which case after purchase the take-profit can be placed directly in the BID for longs or in the ASK for shorts.

  • SellShotCorridor: field for specifying the width of the price corridor in percent of the total distance. Value from 1 to 99. The larger the corridor percentage, the fewer Sell order adjustments.
    Example: SellShotDistance = 1, SellShotCorridor = 50. In this case, the Sell order will not be placed farther than 1.5% from the current price. If the Sell order goes outside the corridor boundaries, it will be moved to 1% from the current price.

  • SellShotCalcInterval: field for specifying the duration of the interval for calculating the maximum price, in fractional seconds (default 0.6 seconds). The Sell order is placed at a distance of SellShotDistance from this price. The SellShotCalcInterval parameter is needed to eliminate the effect of random Sell order adjustments caused by a single trade that may temporarily fall below the previous level at the calculation moment.

  • SellShotRaiseWait: field for specifying the delay before moving the Sell order upward for longs and downward for shorts, i.e., when moving it farther from the purchase price, in fractional seconds. If 0, not applied.

  • SellShotReplaceDelay: field for specifying the delay before moving the Sell order downward for longs and upward for shorts, i.e., when moving it closer to the purchase price, in fractional seconds. If 0, not applied.

  • SellShotPriceDown: field for specifying the value by which to decrease SellShotDistance over time (percent per second). Only negative values can be entered. If 0, not applied. The decrease of the distance between the market and the Sell order is calculated using the formula: SellShotDistance - SellShotPriceDown * (T - SellShotPriceDownDelay), where T is the time in seconds since purchase.

  • SellShotPriceDownDelay: field for specifying the delay before activating the SellShotPriceDown algorithm, in fractional seconds. If 0, not applied.

  • SellShotAllowedUp: field for specifying the upper boundary (for longs) or lower boundary (for shorts) of the allowed Sell order adjustment (in percent from the purchase price).
    For example, if SellShotAllowedUp = 10, a long Sell order can be moved upward no more than +10% from the purchase price, even if the corridor is higher and the Sell order would otherwise move beyond it as the current price rises. Thus, it is capped by this upper level to prevent it from moving infinitely upward.

  • SellShotAllowedDown: field for specifying the lower boundary (for longs) or upper boundary (for shorts) of the allowed Sell order adjustment (in percent from the purchase price).
    For example, if SellShotAllowedDown = -1, a long Sell order can be moved downward no more than -1% from the purchase price, even if the corridor is lower and the Sell order would otherwise move beyond it as the current price falls. Thus, it is capped by this lower level to prevent it from moving infinitely downward.This value can also be set to a positive number, for example SellShotAllowedDown = 0.5; in this case, the lowest allowed level for decreasing the Sell order will be +0.5% (break-even), and at this level the Sell order will wait for the position to close, for example, on a spike upward from a negative price zone.