Understanding Order Types

Automate trading by capturing telegram signal.

TrailingCrypto keeps track of popular telegram channels which provide either trade signal or tips. In channels like Trading Crypto Coach, it is observed that as soon as trade signal appears on the channel for a coin, the coin price suddenly soars after few second. Some time such price surge could reach up to 30-40%. Such signals […]

Email Notification Based Trigger/Signal Order

Using Email triggers Trailingcrypto can be used to place orders from any other tools or services. Process can be summarised in the following steps: Configure email alert in any website or tools like Tradingview, coindera.com, cryptalert.com, cryptoping.tech, etc. Create a forwarding rule in your mailbox to forward all incoming mails from that particular service to […]

How Trailing Stop Sell works ?

A Trailing Stop Sell order sets the initial stop price at a fixed percentage below the market price as defined by the Trailing Amount. As the market price rises, the sell stop price rises one-to-one with the market but always at the interval set initially by the trailing percentage amount. If the stock price falls, […]

How trailing stop buy works?

Trailing Stop buy is just a reverse of Trailing Stop Sell. Before proceeding further please go through the article How Trailing Stop Sell works A Trailing Stop Buy order sets the initial stop price at a fixed percentage above the market price as defined by the Trailing Amount. As the market price trough, the sell stop […]

How Take Profit works?

Take Profit orders are used to set a target profit price on an unleveraged spot trade or a leveraged long or short position. The profit price is to be set in terms of absolute price. As with Stop orders, Take Profit orders can also be used to open positions. Take Profit: Triggers a next order type […]

How Stop Loss works?

Stop loss order is typically used as a closing order to limit losses or lock in your profits on a long or short position. But they can also be used to open a position. Stop Loss: Triggers a next order type when the last market price hits the stop price. Next order can be Market […]

How OSO (Order Sends Order) Works?

An OSO (Order Sends Order) order consists of a primary order that will send one or more secondary orders when the primary order is filled. For example, there is an OSO order consisting of two orders. The primary order is a 1) Trailing Stop Buy order to buy 100 units of a symbol, and attached to it […]

How OCO (Order Cancels Order) Works?

An OCO (Order Cancels Order)  is a pair of orders stipulating that if one order executes, then the other order is automatically canceled. An OCO order combines Take Profit with a Stop Loss order. If any of the order executed another order automatically gets canceled. Idea behind According to Investopedia: Traders can use OCO orders to trade retracements and breakouts. […]

How Stop Limit Buy works?

Stop Limit Buy work very similar to Stop Loss Limit. In Stop Limit Buy a Limit Buy action triggers when the market reaches the Stop value. It majorly used to buy a coin at a lower price as close to the trough. Below are the step used to place Stop Limit Buy: Select Stop Limit […]

How Limit Sell Works?

In limit sell the user has the control at what price the quoted currency will be sold at. It offers the advantage of being assured the market exit point is at least as good as the specified price. This order most of the time is not instant rather the exchange will wait till the target […]