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.