It would be great if we could set our trigger/close bot parameters for our leveraged token bots at the actual price of the coin. So instead of “1.45” we could set it to stop at $2400 or something.

Answer

Hello, that’s a great insight, but unfortunately since both token is also a kind of its own trading pair, free market doesnt give that ideal. Also there’s difference mechanism with leveraged token, it is not simply token price x3. Leverage token has its own rebalncing methods, and its leverage is ranging between a range, not in a fixed manner. To do the kind of trades as you explain, you can use our Price Alarm Bot at our Telegram Group, or you can add it by yourself in t.me/satoshiworldpricebot

Related posts:

  1. I can close the bot and receive in token? If it hits stop loss mean token will be sold for USDT? If i want to hold token, does it mean i dun put "stop loss" at all ?
  2. Let’s say, the current price of a coin is 29$. I believe that it will go down to 20$. Now, what should be the ‘trigger price’ and what should be the ‘trigger percentage’?
  3. What Trailing percent means? Is it mean the upper price is 10% above the trigger for example? 10% of what range? 10% from the range between highest price and trigger price?
  4. If I set trigger price in grid bot, does it mean it will only buy when it hits the trigger price?
  5. When i stop the bot the token will be "transfered" to my wallet in token form? So best i dun put stop loss right?
  6. One quick question, the trigger price in the advanced setting of the grid bot… is this the trigger to start the bot?
  7. Is stop loss mean sell all the token ? And is close bot just mean stop the bot but don't sell anything
  8. Close bot at will simply close the bot only or close bot + market sell coins?
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