Price Bot
Available to Premium and Professional Users
Price Bot allows traders to buy and sell a digital asset at target buy and sell price levels.
If a user sets 3000 USDT as the Buy Price (entry condition) for ETH and 3500 USDT as the sell price (exit condition) for ETH, the Price Bot will execute a buy order if the price of ETH hits 3000 USDT and the price is previously higher than 3000 USDT.
Assuming Buy Price = 3000 USDT and Sell Price = 3500 USDT
Time
ETH Price
Action
X (bot created)
3200
Does nothing
X+1
3600
Does nothing
X+2
3000
Buys ETH
X+3
3400
Does nothing
X+4
3500
Sells ETH
Another example with same Entry and Exit conditions:
Time
ETH Price
Action
X (bot created)
2900
Buys ETH immediately
X+1
3000
Does nothing
X+2
3200
Does nothing
X+3
3000
Does nothing
X+4
3500
Sells ETH
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