Conditional Trading Setup

Learn how to set up automated trading with various trigger conditions, including price breakouts, percentage changes, time-based conditions, and retracement entries.

1. Breakout Trading Setup

Price breakout trading includes two methods: upward breakout buy and downward breakout buy:

1.1 Upward Breakout Buy

Executes buy orders when price breaks above or crosses the specified price level
Allows configuration of order size and frequency limits

Upward Breakout Buy Setup

1.2 Downward Breakout Buy

Executes buy orders when price breaks below or crosses the specified price level
Ideal for accumulating positions during price pullbacks
Includes customizable order size and frequency limits

Downward Breakout Buy Setup

Parameter Guide:

"Breakout Price": Target price level that triggers the buy order
"Buy Amount": Order size for each triggered transaction
"Buy Frequency": Maximum number of executions (0 for unlimited)

2. Retracement Trading Setup

Retracement trading triggers orders based on price percentage movements:

2.1 Upward Percentage Buy

Set percentage increase relative to the base price
Executes buy orders when price increases beyond the specified percentage
Option to set a reference price as calculation basis

Upward Percentage Buy Setup

2.2 Downward Percentage Buy

Set percentage decrease relative to the base price
Executes buy orders when price decreases beyond the specified percentage
Commonly used in bottom-fishing strategies

Downward Percentage Buy Setup

2.3 Bounce Buy

Configure retracement percentage and target price
Executes buy orders after price bounces specified percentage from lowest point
Option to set minimum price threshold (reference price)

Bounce Buy Setup

3. Time-Based Trading

Execute trades based on specific time points or intervals:

3.1 Scheduled Buy

Set specific time points for buy execution
Automatically executes orders at scheduled times
Option for daily repetition

Scheduled Buy Setup

Time Settings Guide:

Time precision to the minute
Enable "Daily" option for recurring execution
Ensure software remains running at scheduled times

4. General Parameter Settings

4.1 Parameter Description

Parameter	Description
Buy Amount	Order size for each condition trigger
Buy Frequency	Maximum trigger occurrences (0 for unlimited)
Reference Price	Base price for calculations

4.2 Important Notes

Verify all conditional order parameters before execution
Test strategies with small amounts initially
Manual reset required for re-triggering conditional orders
Ensure sufficient account balance for order execution

Next Steps

Learn how to set up grid trading strategies ➔ Grid Trading