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.
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.
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.
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.
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.
Learn how to input stop sell orders
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 are orders that follow the current price of the market.
How to Enter a Trail Stop Buy on the Order Entry Form of the Muunship Trading Platform
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
What is Trailing % percentage?
Enter the percentage amount from the current price to trigger. If buying, enter the percentage amount to trail away from the current high price.
See how a trailing stop buy can help on the uptrend to accumulate a position.
Trailing Stop Buy Smart Orders on the 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.
How to enter a trailing stop sell order on the muunship trading platform.
Trailing Stop Sell
See how a trailing stop sell order can help you exit a position or increase a short position.
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.
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.
What makes the Dynamic Grid Trader Different than other Grid Bots and Learn how you can increase your return with less risk.
Dynamic Grid Bot on 3commas, Zignaly, TradeSanta, Cryptohopper, and Muunship
A Dynamic Grid Trading Bot is when multiple buy orders and sell orders are inputted with predefined price buy levels and profit levels. These are one of the best methods to get more trading activity per capital and constant profit because it places buy and sell traders very close together.
If a volatile chart is chosen that is either trading sideways or slightly uptrending, then this could be a very profit bot. This requires you to find such coins with such charts. But what happens when the coin trades out of range. If the coin has proceeded upwards out of range then, the bot, if not predefined, will not trade.
If the bot has proceed below the buy levels, then you will have a very large position, that has not taken profits because all buys would have been filled. Grid bots that are used on BitUniverse trading app and Pionex exchange, when activated, lock up your funds to trade when you predefine the levels.
The advantage of this, is that when a coin has a fat finger you will get the trades filled immediately ahead of every traders and sell orders can be inputted quickly, taking advantage of the trade. So there are some good benefits and some disadvantages.
Other Grid Trading Bot Options
Alternative you have an offering from Muunship Dynamic Grid Trading Bot. With this bot, you do not have to have predefined levels set in place for the bot to trade. This bot uses algorithms based on the history of the bot and automatically enters a trade when a price level is hit.
This will save your funds from being locked up at the exchange and allow you to trade many more coins. It also keeps you from building a predefined coin selection and distribution the trading activity where coins are active.
The other advantage is, if the coin trades out of the grid above price level, the Dynamic Grid Trader will follow the coin prices up and keep trading. If the coin goes below price level, the Dynamic Grid Trader will stop trading, until a new grid is formed and will start the trading activity again. It will limit the funds used, allowing you to have a maximum allocation to your capital.
Dynamic Grid trading is different from any other signal trading or technical analysis trading. The goal of the Dynamic Grid Trader is to make very small trades across many pairs over and over, versus Grid Trading from Pionex, 3commas, and Bituniverse, to trade the same pair over and over.
By using the Dynamic Grid trading bot, you are letting the bot do the analysis work for you.
Psychology of Trading
One thing a trader must understand is how to use the Dynamic Grid trading bot. The goal is not to make money on every trade, but it is to make small trades across high volatile coins. To do that, you will have some positions that will be out of value(bags) when you use Grid Trading Style.
What makes Muunship Dynamic Grid trading bot different, it limits your exposure, to each coin, by it stop trading when a coin trades out of range. But when the coin is back in range, the bot will make small profits at lower prices, capturing the losses from the buys accumulated in the previous Grid.
Overall this bot will make your position per pair and value from account profitable, while holding bags. Let me explain below.
If 50 trades provide 2% profit, then your total profit will be 100 points. If a coin goes out of range with 3 active open positions (bags) and the coin has dropped 15% out of range, then your current unrealized loss is 3 trades. With 15% loss on each of these trade which cost you 45 points. So you net points are 55 points positive. You are currently in positive. Also if you do not set stop loss, then there is a possibility for the coin return back to the original price and you will be 106 points positive.
If the coin does not come back to its original position, it is ok. The coin will create a new grid, where the bot will start to become active and start making profits. If the new lower price range is now active and the bot make 20 positive trades with 2% profit on each, then you net profit will be, 95 points.
Most traders have the mentality to make every trade profitable. In order to do so, they will add a very dangerous technique of DCA, of buying more at lower prices hoping for the coin to make move up, so they can recoup the losses. What if the coin does not move up, then you have totally tied up unnecessary funds and increased the risk on your trading activity.
This is not good profitable strategy and definitely not good for mental health, and the last thing you want is to take a loss. If you are going to do this one, then you will do it again and again.
Third Party Anaylsis
Below you will find detailed analysis of the bots. This Analysis has been done by a third party software application called Stoic’s Trading Tool by Marcus Anurelius. You can visit the discord at the address of https://discord.gg/WkwZA43.
That is where the Dynamic Grid trading bot comes into place. It is a bot that will provide a good profitable strategy over time with less stress. The bot uses very less balance to trade and it trades hundreds of pairs at a time, thereby diversify your pairs. Give the Dynamic Grid trading bot a three month try and see how your accounts balance grows. Slow and steady wins the race.
These bots are offered at very low price levels, and the bots have been averaging 15% per month.
This is a totally new way to trade.
Muunship Dynamic trader is available at 3commas, Zignaly,and Muunship.com
Top trading bot on Zignaly. Muunship scalper bot has been out performing the best bots. It uses technical analysis to scalp high liquid pairs. Best pair to run this bot in on USDT. Below you can see the performace of this bot. This is not a back test or hypothetical. These are actual trades and the results that are shown are from Zignaly. Muunship Scalper Bot is available for only $15 per month. Annual subscriptions can be offered. Try the Muunship Scalper Bot on Zignaly.
Below are the performance results for 2 weeks and 30 days on the USDT Pairs.
Visually see live executions of the Muunship trading bots at app.muunship.com.
True arbitrage trading is not always about trading bots. Arbitrage trading can be achieved if you have the correct information and tools to make the fast decision.
Muunship Bitcoin trading application gives traders real-time data of multiple crypto exchanges and websockets execution to deliver fast and instant trading.
True Arbitrage Monitoring of Trading Coins
Multiple TradingView charts can be opened in one single application. So a trader can open bitcoin charts from Binance Exchange, Bitmex Exchange, and Bittrex Exchange. Side by side, these tradingview charts with technical analysis, and tick by tick information, a trader can see if there is a discrepancy in the prices of Bitcoin at multiple exchanges.
Since the Muunship trading application is using websockets technology and multi-threaded data architecture, the data updates are instant. In fact, data displayed in the Muunship Desktop charting app, is faster than what is displayed at the exchanges.
You can see how the Muunship Charts and Orderbooks update faster than the exchange software itself. We pride ourselves in our experience in trading and software engineering, to accomplish a faster software application than the largest and quick Bitcoin Futures Exchange, Bitmex.
Using the two of the fastest exchanges, Binance and Bitmex, a user can open additional charts of more slower exchanges like Bittrex, Poloniex, and Kucoin, and compares the price differences in the exchanges.
Multiple TradingView Charts
This is true arbitrage and daytrading crypto. Users can use the data and execution technology to give themselves an edge. While many traders are feeling the lack of execution times of Bitmex and Binance, when a load of buy orders are pushing bitcoin prices. A user can go after the less liquid but available execution prices, and make really fast and easy money.
A trader does not need to know where bitcoin price is moving. All a trader needs to see that if one exchange is delayed or behind the other leading and fast exchange, a trader can monetize on such arbitrage.
This is the lowest price bitcoin trading platform with the most features that truly give traders an edge over all other trading platforms.
While other crypto trading platforms say they have an arbitrage trading software, Muunship actually delivers on its promise by technology and price available to traders.
Soes Bandit was a famous term in the late 1990’s when traders who had access to Nasdaq day trading terminals. These were allowed to trade via computers directly into Nasdaq before Market Makers were had access to such systems. Now this similar technology is available to crypto traders, by accessing the price discrepancies of multiple exchanges and taking advantage of slow exchanges.
Luckily for crypto traders today, one of the founders of Muunship is a former Soes Bandit. The advantage is on your side, now its up to you to take trading to the next level.
