Support Board
Date/Time: Tue, 22 Apr 2025 05:20:13 +0000
[Suggestion] Scaled orders/Scaling/Averaging into position/Pyramiding
View Count: 313
[2023-02-27 11:28:48] |
virtualcointrading - Posts: 47 |
Hi, It would be nice to have something similar to https://github.com/Effanuel/BitMEX-scaled-orders A scaled order is comprised of multiple limit orders at different price points. With a scaled buy, orders at lower limits are triggered in sequence as the market price drops; a scaled sell works in reverse, with orders at higher limits getting filled in turn as the market price increases. Buying more aggressively as the price falls or selling more as the price rises is also known as pyramiding. Scaled orders help avoid the market impact of buying or selling a large number of securities in a single transaction. They can also be used to improve your average entry or exit price. source : https://www.bitwise.cc/post/scaled-orders/#:~:text=Order%20cancellation-,What%20is%20a%20scaled%20order,as%20the%20market%20price%20increases Regards, |
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