Order Sell Order (OSO) COMBO and Repeat Order Function

OSO (Order Send Order)Combo is a order in a series. When the first order is executed, the second order is executed. The Secondary order will not execute until the Primary order is executed.

OSO Combo consists of combination of any two Single Orders.

Example of orders.

Buy below current price and sell(take profit)

This order will buy when the market drops 3% and create sell (Take Profit) of 3%, when the price rises above the buy price. If repeat is enabled, this order will automatically create another buy order 3% below the sell execution.

Instead of using percentages for Limit Price for buy and sell, A user can input an exact price. Remember, a limit buy price must be below current market price and a limit sell price must be above current market price.

Trivia Question

If a user inputs a 1% as a limit buy price and a 3% Limit Sell(Take Profit) with a repeat function. Once the first cycle of the repeat function is complete, where will the next buy order take place, since it is registered as a percentage.

Answer

The 1% buy will be placed below the sell execution, not the original buy price, because now the bot is going to open another order, and it will look at the current market price to input the next 1% Limit Buy

Buy Below current price and Sell(Take Profit)with STOP LOSS

Below is a OSO combo of Limit Buy +OCO Sell. We are combining the two orders to create a Limit Buy (Primary Order) with an OCO Sell. The logic is, when the primary is executed, Limit Buy (primary order), then we either want the stop to be executed to sell at a loss or a sell order (take profit).

This Order will Limit buy 10% below the current market price and once the Limit buy is executed it will either sell at a loss of 5% or Take a profit of 3%.

Sell/Short above current price, with stop loss, and Buy (Take Profit) when price is below the market price.

This order below will sell/short when the market rises above 10%, once the primary is executed it will either Buy (Take profit from the short order)when the market goes below 3% from the sell order or stop buy if the market rises 5% from the short order, which will make a loss on the trade.

OCO (Order Cancel Order)Combo

OCO Combo

This Order Type consists of a combination of two orders. When one order is executed, the other order is cancelled. A user can combine the different single order types to create a smart logic orders.

A user needs to create two orders. A primary (Order 1)order and secondary order (Order 2)

A user can select any combination of the single orders. These two orders will be grouped.

Example combinations below.

Sell Stop and Buy Stop

This order will either Buy when the price rises 3% above current price OR will sell/short 3% below current market price.

OCO Sell

An OCO Sell consists of two orders. A Limit Sell order and a Stop SELL order.

When creating this order, a Stop Sell will create an order below the current price and a Limit Sell order will create an order above the current price. If either of those orders executed, the other order will cancel.

QUANTITY FIELD

Select Coin to trade

To purchase Exact amount of Coin enter amount.

If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.

PROMPT FIELD

Select Price Trigger Action to Send Order

Last – When the last trade is enables this order

Bid – When the bid is reach, it enables this order

Ask – When the ask is reach, it enables this order

STOP Sell – STOP PRICE

Enter a number, and this will input a percentage below the current market price or Click on percentage and a price picker will appear where you can select the exact price.

LIMIT SELL – LIMIT PRICE

Enter a number, and this will input a percentage aboce the current market price or Click on percentage and a price picker will appear where you can select the exact price.

Single OCO Buy and Single OCO Sell

An OCO Buy consists of two orders. A Limit BUY order and a stop BUY order.

When creating this order, a Stop Buy will create an order above the current price and a Limit Buy order will create an order below the current price. If either of those orders executed, the other order will cancel.

QUANTITY FIELD

Select Coin to trade

To purchase Exact amount of Coin enter amount.

If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.

PROMPT FIELD

Select Price Trigger Action to Send Order

Last – When the last trade is enables this order

Bid – When the bid is reach, it enables this order

Ask – When the ask is reach, it enables this order

Stop Buy – Stop Price

Enter a number, and this will input a percentage above the current market price or Click on percentage and a price picker will appear where you can select the exact price.

Limit Buy – Limit Price

Enter a number, and this will input a percentage below the current market price or Click on percentage and a price picker will appear where you can select the exact price.

Stop Buy and Stop Sell Orders

QUANTITY FIELD

Select Coin to trade

To purchase Exact amount of Coin enter amount.

If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.

PROMPT FIELD

Select Price Trigger Action to Send Order

Last – When the last trade is enables this order

Bid – When the bid is reach, it enables this order

Ask – When the ask is reach, it enables this order

Stop Price

Enter percentage amount from the current price that you would like to buy ABOVE the current price if you are using a STOP BUY order.

Enter percentage amount from the current price that you would like to sell BELOW the current price if you are using a STOP SELL order.

Stop Buy Order

Sends a buy order to the exchange, a level that is higher than the current price. Order is sent to the exchange when that higher price is reached.

When and Where to use Stop Buy Order

Stop Buy orders used to buy above resistance. Usually referred as buying a break- out. Stop Buy orders can also be used, when you have a short position and using the stop buy to liquidate your short position.

Stop Sell Order

Sends a buy order to the exchange, a level that is lower than the current price. Order is sent to the exchange when that lower price is reached.

When and where to use a Stop Sell Order

Stop Sell orders used to sell at a support level. Usually referred as selling as a stop loss, these orders are used to sell a long position. Stop orders can also be used to start a short position. Short position help traders make profits when a coin or stock is going down.

Trail Stop Buy and Trail Stop Sell

Trail Stop Buy and Trail Stop Sell are orders that follow the current price of the market.

Quantity Field

Select Coin to trade

To purchase Exact amount of Coin, enter amount.

If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.

PROMPT FIELD

Select Price Trigger Action to Send Order

Last – When the last trade is enables this order

Bid – When the bid is reach, it enables this order

Ask – When the ask is reach, it enables this order

Trailing %

Enter the percentage amount from the current price to trigger. If buying, enter the percentage amount to trail away from the current high price.

Trailing Stop Buy Smart Orders Crypto Trading Terminal

Trail Stop Buy orders are used for in conditions to buy a coin/stock when the price is rising.

When and where to use a Trail Stop Buy Order Smart Orders Crypto Trading Terminal

It can also be used to buy a long position or to take a profit on a short position with smart orders crypto trading terminal.

While a stop buy order is an EXACT trigger price, a trailing stop buy is Moving Target stop buy price. The stop buy will move based on the movement of the current price. A Trail Stop is usually placed with a percentage in the orders widget. What is means is, that you want to stop price to move lower when the current price of the coin decreases, so that you can buy the coin cheaper.

Trailing Stop Sell

Trail Stop Buy orders are used for in conditions to buy a coin/stock when the price is rising.

When and where to use a Trail Stop Sell Order

It can also be used to sell a long position to take profit or initiate a short position.

While a stop sell order is an EXACT trigger price, a trailing stop sell is Moving Target stop sell price. The stop sell will move based on the movement of the current price. A Trail Stop is usually placed with a percentage in the orders widget. What is means is, that you want to stop price to move higher when the current price of the coin increases, so that you can sell the coin at a higher price.

Muunship Order Smart Order Entry Manual

Limit Buy and Limit Sell Orders

Quantity Field

Select Coin to trade

To purchase Exact amount of Coin enter amount.

If you want to purchase based on the available balance at the time of execution, click on the percentage next to coin.

Prompt Field

Select Price Trigger Action to Send Order

Last – When the last trade is enables this order

Bid – When the bid is reach, it enables this order

Ask – When the ask is reach, it enables this order

Limit Buy/Sell Field

Market – When limit price is reached the order is sent as a market order.

Trailing – When limit price is reached the order start a trailing order.

Limit Price Field

Limit Price – Enter the price that you want to execute. This price MUST be less than the current price. Select Percentage is you want to enter the number as a percentage below the current price.

If trailing was selected. Enter the Trail Stop Percentage. When the limit price is triggered, it will start a trailing order.