Scaled/Ladder orders are orders that you can quickly place at multiple level directly onto the chart. It is frequently used in the QFL method by Luc and traders who trade this style.
This type of orders also let you to DCA (dollar cost average price) your orders. Meaning the more you buy lower, the lower your purchase price will be, thereby allowing you to sell at a lower price than you originally thought and by still making the same profits.
On the Muunship Trading app, you are able to enter hundreds of orders at a time. The trading application will automatically place orders, in a sequence, so that the exchange rate limits are followed and allowing you to be free of such frustration as a trader, as to having your orders rejected.
All orders when entered, will also automatically abide by the amount minimums of each of the exchange.
To enter an order, first, click on the Order Entry Scaled field.
Next enter the amount of orders that you like to place. You can also left click on the order count field and use your mouse wheel, to increase or decrease the amounts.
Now you have 4 options
A flat order selection will enter the same amount value at each level.
An upscale selection will scale the amount values at a ascending amount
A downscale selection will scale the amount values at a descending amount value
A custom field will allow to set the scale at each level by entering the amount value for each numbers.
Next click on the percentage scale. The red scale is for value of sells amount. The green scale is for the value of purchase amounts.
By clicking on the percentage, it will automatically fill in the fields, for Value of the coins that you would like to purchase or sell.
Next click on Preview, and you will see the Order preview right onto the charts. The order bars will be colored in Orange. Simply next drag and drop the orders at the price levels desired.
After moving the orders at your desired prices, click on Buy or Sell, and your orders will be routed to the exchange at an instant.