Opening Trades

How to open crypto positions

Opening triggers; BTO is used to open long STO is used to open short

There are many ways to open crypto positions, this documentation will go over the most basic way using the full format. Formats for submitting crypto trades can be shorter & more effecient by utilizing the Defaultssettings.

Opening Long

BTO <ticker>/<pair> @ <price> [exchange] I.e. BTO BTC/USDT @ 26952 binance

To open a long crypto position, use the trigger BTO followed by the ticker/pair (I.e. BTC/USDT), then the symbol @ before the price. By default on new accounts, the crypto exchange is set to Binance and if an exchange name is not specified the bot will log the trade for the Binance exchange. The default exchange, among other (market, pair) defaults, can be changed. See Defaultsfor more info.

Example of opening a long position for BTC/USDT at the price of $27154.580 on Binance

Opening Short

STO <ticker>/pair @ <price> [exchange] I.e. STO BTC/USDT @ 26951 binance

To open a short crypto position, use the trigger STO followed by the ticker/pair (I.e. BTC/USDT), then the symbol @ before the price. By default on new accounts, the crypto exchange is set to Binance and if an exchange name is not specified the bot will log the trade for the Binance exchange. The default exchange, among other (market, pair) defaults, can be changed. See Defaultsfor more info.

Example of opening a short position for BTC/USDT at the price of $27171.00 on default exchange

Final Notes: - Do not use $ with tickers. - Submit using a specified price, or use CMP or M for submitting at the current market price. - Multiple trades can be submitted in a single message by using 3 back ticks (```) before and after the whole message.

Using Slash Commands

Submitting trades through slash commands has a more user friendly aspect to it but can take some seconds longer than text messages.

Type in /open then select crypto.

Type in or select the direction Long or Short.

Type in or select an exchange.

Input the ticker & pair with a separator. (I.e. BTC/USDT)

Enter in the price or use 0 for the current market price.

Notes can be added and are optional. Trade Styles (swing, scalp, etc.), Risk Factor Flags, and a Take Profit and/or Stop Loss (Setting TP/SL with trade submission) can all be added by using the notes.

Example of opening a long BTC/USDT position on the Binance exchange using 0 for the current market price, and setting style to Long Term