Chart Trading: Creating Alerts on Chart

Chart trading: creating alerts on chart of the Muunship trading application.

First click on Alerts on the tradingview chart menu

Alert On Charts
Click on the alert button to create an alert.

Next you will see an alert bar on the screen

Drag and Drop Alerts on chart
Draggalble Alerts Bar on the Chart

Drag the new alert bar to your desired position tp pricing or creating alerts on chart . After moving the alert to your desired price. Click on the check mark to accept the alert.

Click on the check button to enable the alert on charts
Click on the check button to confirm the price of the alerts.

If you desire to change the alert price after you have accepted it, simply move the alert price to its desired position. It will change the price of the alert. If you wish to cancel the alert, click on the X on the alert bar, and it will cancel the alert

Sounds on Alerts on charts for Chart trading

To add sound to the alert, first a sound file needs to be uploaded to the Muunship application.

Click on the MAN icon on the bottom right of the application. A menu will appear. Click on settings to open the sounds alerts menu.

Account Button of the Muunship App
Click on the account button to enter into the settings menu
Adding sounds alerts
Alerts for Execution and Price

Click on Is Enabled to enable alerts. Click on “+” to add sound to Alerts or execution.

Sound File Upload to building alerts on chart
Upload the sound file for price alerts and trades executions

Choose Executed orders for sounds for executed orders. Choose Price above or Below for Alerts. Then choose file to upload and click on Add. By following this procedure it will make it the fastest to enter creating alerts on chart.

First Iphone trading bots app

Apple Iphone and Android Bitcoin Trading app
Apple Iphone and Android Bitcoin Trading app with live bitcoin prices

Muunship trading application allows traders to trade directly on the chart using their iphone trading bots app.

To install the iphone app onto your phone. Visit muunship.com and click on the add to home screen button on your iphone bottom menu. When selected, iphone will add the app to your home screen, where you will be able to launch the application

Each chart widget has an order entry. Users are able to enter limit, market, and stop limit orders. Stop orders are limited by each exchange. For example, Binance exchange supports stop limit orders, where as, Bittrex exchange does not.

Order Entry Widget

Order entry for trading bots
Trade multiple exchanges from one trading order entry widget

If a limit order is not supported by an exchange, then the order entry screen will white-out the unsupported order types.

There are two percentage scales on the order entry. The red percentage will determine the sellable amount of coins available. The green percentage will determine the buy able amount of coins. A trader is quickly able to click on the percentages, to determine the amount they want to AUTO FILL the amount they want to buy and sell.

The Preview Order button, will open a preview bar right onto the chart. A user can quickly grab the bar and drag it to the determine price that the trader would like to engage in.

The order entry screen also shows the available balance of the amount of coins that can be traded.

Advanced Order Types

Advanced order types available to trade are scaled/ladders orders and Limit/TP orders. Scaled/ladder orders, allow a trader to enter multiple orders onto a chart, without having to enter each order manually. And a Limit/TP orders are orders that are parked on Muunship.com servers, where they are triggered when a prices matches the limit orders conditions.

Muunship application is synchronized across multiple devices. By using advanced UX design, Muunship applications functionality is the same whether you use any of its devices, desktop or mobile. Muunship applications are truly innovative, not only in the crypto markets but in trading general.

Easily create trading Bots on chart

Trading bots on chart platform is starting to advance into a more sophisticated order entry trading platform.

Starting July, Muunship has started to automate the trading process for traders, using crypto bots. Crypto bots are processes that run on the backend of trading servers, that are connected 24/7 to crypto exchanges. By watching prices of crypto exchanges in real-time, these crypto bots are able to execute orders on pre-defined conditions entered by the trader.

One of the advanced type of automated orders offered by Muunship are Limit TP orders. These are orders that are parked on the Muunship servers via websockets. By parking the orders on the Muunship servers, the orders are not sent to the exchange until the prices match the pre-defined criteria. Also by parking orders, the available balance is never used against the traders. Traders can add as many orders on the servers, allowing the trader the capability to trade more with less funds. Available balance is never actually counted against the traders until the orders is actually sent to the exchange.

Limit TP orders on the Muunship Trading Platform

Muunship servers are using the same technology as high frequency trading systems. The websockets technology, allows the push messages of prices sent to the Muunship servers in millisecond time. Muunship servers, using the powerful Google Cloud infrastructure, are able to look at thousands of prices, and are able to send thousands of orders within millisecond time to the exchanges, thereby giving traders an advantage of other trading platforms.

Ladder Orders

Limit TP orders, are combination of a conditional limit orders that rest on the Muunship servers. When a price is triggered, the traders buy order is sent to the exchange. Upon confirmation of an executed buy order, a limit sell order is automatically sent to the exchange for a buy and sell profit.

Fat Finger Trade Chart

Fat Finger Trading bots on charts
Fat Finger Traders

Because Muunship trading bots on chart platform is using the same technology as high frequency automated systems, users can now enter many orders across multiple exchanges and coin markets. One of the types of trading techniques is to use this technology to capture fat finger trades. Fat finger trades are trades where a liquidation orders is sent by a computer or user error, causing a massive spike in the price of a coin either downward or upward.

Entering many orders well below the market prices of coins, users can try to take advantage of muunship technology to capture price disruption.

Another use of Limit Take profit orders is to use for barcode trading. Barcode trading is when a coin fluctuates between two similar prices over and over. By using Limit TP orders, traders can enter multiple layers of orders therby taking advance of parking orders on the Muunship servers and entering sells orders, automatically.

BarCode Trading Chart

Barcode traders bots on charts
Barcode traders on charts

An Alternative to Tradedash

Now that Tradedash has been acquired by the Bittrex exchange, traders are looking for a free alternative to tradedash trading platform. The most popular exchange traded on Tradedash is the Binance exchange. Because of the acquisition by Bittrex, traders are afraid that Binance exchange will be de-listed from the trading platform. By acquiring the tradedash software, Bittrex exchange hopes to implement some of the advanced features of the platform.

There is another alternative to Tradedash, that many traders have never heard off. It is muunship.com trading platform. Now with the Muunship trading platform, traders have the same features that are available on Tradedash, include, movable layouts, safety and security of API keys, and order entry on the charts.

But there are additional features that the muunship.com trading app offers that Tradedash did not.

Like the following features that are only available on muunship trading platform.

Free alternative to tradedash with market scanners
Risers and Fallers market base scanner for crypto coins
  1. Drag and drop orders on chart
  2. Trade on mobile phone like Apple iOS, Android, and Ipad.
  3. Ability to add multiple charts on a single layout
  4. Advanced markets scanners like QFL scanners and Davis Theory Box Scanners
  5. Scanners that finds the coins distance from support and resistance
  6. Crypto trading bots that are available on Zignaly, 3commas, and Cryptohopper
  7. Server side orders, like limit with take profit orders
  8. Fat finger catcher
  9. Coin drops
  10. Additional tradeable exchanges like Kucoin and Hitbtc, with many more to come
  11. Advanced bot orders such as stop loss, trail stops, stop limit, and dollar cost average DCA orders.

Many users have already found another option to Tradedash, as the usage of the muunship trading app is currently free to use. With the ability to trade anytime and anywhere on the Muunship app using its mobile trading apps, muunship is gaining momentum in the crypto trading space.

Muunship vs. Competition

What makes Muunship vs. Competition trading application different than the competition.

Websockets Technology – At the core of the muunship vs. competition trading engine is the connectivity used by the muunship backend software design. While http requests are reliable, they are very slow, and input a heavy load on servers, and are only udpated when a user has requested the information.

Http requests are like, when a child in a car that is on a long trip, is always asking their parenets, are we there yet, are we there yet, are we there yet.

Muunship Advantage

Web-sockets are real-time messaging systems, that are always connected to ports from user to the servers. As soon as updates are presented at the server level, those updates are pushed to the end user instantaneously. Thereby, giving users critical information they need to make smart and fast decision.

Data is also connected to the exchanges via web-sockets. User will receive real-time updates of orderbooks, trades, and charts. Exchanges push out tremendous amounts of data to the front-end application. As you will notice, most front end applications, of the exchanges are not able to handle such data. For example, XBTUSD on Bitmex, is the heaviest volume traded contract. But trying to trade on the Bitmex front end application, and you will notice your PC temperature and processor user rising. Trying to enter orders can be difficult, when your PC is max out in processor speed.

Muunship vs Competition. Comparing Tradingview Multichart with Muunship trading application
Create multiple charts and orders book on a single page application

You can also see such problems using Binance exchange front end application. From PC freezing to sluggishness, traders can get tremendously frustrated.

Muunship uses a multi threaded architecture that uses the all of the CPU’s on the users device and each of the threads, to receive data, distributed data, and display data. Thereby removing bottlenecks, and giving users a smooth UX experience. By using such advanced technology, Muunship is able to allow users, add many charts and orderbooks on a single page. Or a user can simple create many layouts and open them on multi monitor setups.

Currently Muunship vs competition is the only trading app that offers multi-chart, multi monitor, and mobile trading without compromise to the users experience.

Entering Scaled Ladder Limit Orders

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.