Trading Parameters

Fund Allocation

The total funds set aside for the bot to execute its orders. The maximum amount of funds that is allowed to be used by the bot. There are two main types of orders - STATIC and DYNAMIC.

For the STATIC order type, each new deal will always use the Fund Allocation value.

For a DYNAMIC order type, each new deal will use the proceeds (realized profit or loss) from the last deal for the new deal's Fund Allocation.

If the bot makes a profit with Dynamic order type, profits are added to the Fund Allocation and used for the bot's future Deals. The reverse applies if the bot made a loss in the previous deal.

Bots will continue to execute orders and complete deals as long as there are still funds set aside in the Fund Allocation for each bot.

If you are using the DYNAMIC order type, the bot will add previous profits to the next Deal. Hence, it may seem that you have actually allocated sufficient capital, but, in fact, the bot's internally computed allocated capital is higher than your preset value. We recommend using a STATIC order if you may be reallocating the profits made by the bots. It is also simpler and clearer.

If you would like to update the Fund Allocation for a Dynamic order bot, please save the bot as STATIC with the new Fund Allocation. Then, when the bot opens with the first deal using the new Fund Allocation, you can update the bot to Dynamic.

Many users will deploy the excess profits to other purposes (withdrawals, personal trading, etc). Due to this reason, a bot will become deactivated when it encounters an insufficient capital scenario.

Base Order Limit

The share (in percentage) of the Fund Allocation used for the first order executed by the bot. For example, if the Fund Allocation is US$1,000 and the Base Order percentage is 20%, the bot will use US$200 for the total value of the first order.

Base Order Type

Static	Dynamic
Always the same, as set in Base Order Limit	Changes according to the Bot's performance
Profits and losses are not added to the next deal	Profits and losses are added to the next deal

Extra Orders

All remaining Allocated Funds that are not used in the Base Order will be allocated for Extra Orders. Extra Orders are triggered when Entry Conditions are fulfilled again before any Exit Conditions, Stop loss or Take Profit triggers.

Trading Frequency

A trading frequency determines how often a bot should monitor the market data and assess if the entry or exit conditions are met. The faster the trading frequency (< 15 minutes), the larger the number of evaluations that will be performed. Hence, a bot that is configured to trade on a 5-minute frequency will trade more frequently than a bot that runs on a 4-hour frequency.

Professional Plan users have access to 1 and 5 minute trading frequencies

Read more about Trading Frequency in our Blog.