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