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.

Dynamic Grid Trading Bot vs Grid Trader Bot from Bituniverse, Pionex and 3commas

What makes the Dynamic Grid Trader Different than other Grid Bots and Learn how you can increase your return with less risk.

Free dynamic grid trading bot on Muunship trading application
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.

Trade the same pair over and over using the Muunship Dynamic Grid Trading Bot, or on TradeSanta, 3commas, Zignaly, and Cryptohopper, Altrady, and Hypertrader

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.

Headaches can be removed using the Dynamic Grid Trading Bot from Muunship Trading


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.

Alternative to Hypertrader and Altrady is the free muunship trading application.
Similar to Altrady and Hypertrader is the free muunship trading application.

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.

Comparison of Trading bots on 3commas and Zignaly and Muunship

These bots are offered at very low price levels, and the bots have been averaging 15% per month.

Top Performing bots on 3commas, Muunship, and Altrady.

This is a totally new way to trade.


Muunship Dynamic trader is available at 3commas, Zignaly,and Muunship.com

#1 Free day trading crypto app

Day trading bitcoin is not easy when you have a software application that is not designed for making fast order entry. Fast decision is part of the UX design of a good trading application.

Below is a list of features that are needed for a real time day trading crypto app

  • Fast order entry with entering numbers
  • Change orders by dragging and dropping existing orders
  • Market scanners to find hidden opportunities
  • Multiple Charts on a single page
  • Quote board to see list of hot coins or favorite coins
  • Fast real-time quotes
  • Low processor usage
  • Free form layout for multiple charts
  • Ladder orders
Limit Ladder Orders
Limit Ladder Orders

Muunship’s cryptocurrency application gives traders the ability to enter fast orders, see real-time quotes,

What is the best way to find coins that are good for scalping coins. Muunship market scanners on the app is a great way to find these hidden opportunites.

Coins breaking high, is probably the day trading cryptocurrency market scanners that can be used to find coins that moving in the markets. This is specially helpful when the market is dead or not volatile. You want to buy coins that are breaking highs, as this is the only way to see volume in specific coins.

I personally am glued to the screen to see this hidden opportunity. By linking the markets scanners to the charts, anything a new coin is shown in the results, I click on the name of the coin to change the charts. By doing this, I can scroll thru the list rather fast.

Muunship Market Scanners

Because Muunship trading app uses multi threaded architecture, the charts change very fast, along with the orders books and the trades widgets. You are then able to find the momentum in the coin, but seeing green trades fill the widgets and the orderbooks moving very fast.

This type of scan is currently being used for the stock markets, but it is lacking for Robinhood app. Day traders are using this techinque to make quick scalps and make upwords of a couple of hundreds of dollars in a very fast in and out trade.

Now that this scanner is introduced crypto markets, traders who trade on the Binance exchange or Bittrex exchange, are able to make money. Because the bitcoin markets, require very little capital, it provides traders with very little funds to get started in trading bitcoin and alt coins. Also unlike the stock markets that is subject to heavy regulation and day trading rules, this does not apply to the crypto markets.

This is the reason that day trading crypto has taken off and the bitmex like exchanges are seeing all time high volume. By accessing the exhange API over the web, it has become cost effective for such platforms to now offer very low price or even free to the traders.

Muunship trading platform is currently free for traders on iphone, android, and desktop. Traders are encouraged to take advantage of the free scapling crypto app.

This is the optimal time to trade crypto and Muunship team would like to be part of the success for the crypto community and encourage users to market this platform.

Trading Bots: Simple and Easy to setup

While there are many sites offer trading bots. There are many complicated information that just seems very confusing, like the words deals, safety orders, and DCA. All different trading bots sites have their own implemented jargon, which confuses traders.

Bots Setup on Charts

Muunship trading platform created bots that you can build directly onto a chart. By using drag and drop features, users can place their limit buy orders and limit sell orders on the chart. This gives the traders the visual ability to see where the buys and sells are placed. Traders can enter their bot orders, right above key support levels or right below key pivot levels.

Available balance restriction

These bots are triggered when prices have match the order prices. So while the order is not active on the exchanges, it does not count against your specific available balance on the exchange. For example, if you are trading on the Binance Exchange, using the muunship trading app, you are able to input unlimited limited buy limit orders and take profit orders. When buy orders are triggered, each sell order that corresponds with the buy order will be triggered and ready for quick profit.

With other apps you can create bots on html web pages, but with Muunship, you are able to create bots right on the charts with the Muunship app. Because Muunship app is mobile friendly you are able to setup and create bots on the charts even on your iOS and Android device, while sun bathing on a beach.

Trading bots on charts with drag and drop orders
Creating Bots on Charts

Simple and easy to setup

One of the keys features that Muunship trading platform offers, is the market scanner. The market scanners shows support/base and resistance level. Within the scanners area, are time frames that you can select to which you can place your bots strategies on.

A good trading strategy is to buy at key support levels. By looking at the base levels on the scanners, you can see how far is each coin away from its base. You can further filter the scanner, by percentage levels. This can eliminate many coins and narrow your focus on a few selected coins. By linking the RAF widget to the charts, you can quickly click thru the charts.

The charts can be further filtered, by adding the coins list to the favorites tab. This will help the trader organize their coin list, and will make trading bots, simple and easy to setup.

Now its decision time. Use the variety of ways you can setup the trading bots. Using the same menu as the scaled ladder orders, the bots can be placed right onto the charts. Bots can be visually on the charts, now planning out your strategy can be more simple.

One of the key features of the app, is where the hidden orders of your bots are placed on the charts. So if you feel that market conditions have changed, you can see where the orders are and simply make any adjustments of the orders. There is not need to assume where the orders are or placed. If you need to cancel the orders, just click on the X of each order.

Muunship trading platform is evolving into the next generation platform. Additional information on Limit Take profit orders can be found here.