Buy Limits
Last updated
Last updated
To check and edit the existing buy limit orders for a token, or to add a new one, follow these steps:
Paste the token CA in the bot to access the Token Report.
From the Token Report, click on "⚙️ Buy Limit". You will then be redirected to a panel similar to the one displayed in the image below:
It should be noted that the ⚙️ Buy Limit menu of a token can also be accessed from the Trade Monitor of the token.
Let's start by looking at the buttons and options available for creating and editing buy limit orders for a token:
This button is a dropdown and clicking on it will reveal all of your connected wallets for this chain. This can be used to add the same sell limit order simultaneously on multiple wallets.
There are two types of triggers that you can select for each limit type:
Price: Insert the price at which this buy limit order will trigger at. You can provide an exact price value in USD or a percentage change that will be applied on the current token price.
Market Cap (MC): Insert the market cap at which this sell limit order will trigger at. You can provide an exact market cap value in USD or a percentage change that will be applied on the current token market cap.
It should be important to note that you can set upper and lower buy limits. In other terms, you can set the trigger value for either price or market cap to be higher or lower than the current value.
Specify the buy amount that will be used when the buy limit order triggers. This should be provided in the chain's native coin.
Specify the duration in hours for which this buy limit order will remain active once it's automatically added or created for a specific token. The maximum duration is 96 hours.
Once you configure all the se fields, click on "📌 Add Buy Limit Order" to add the buy limit order(s) on the selected wallet(s). Once the limits are added, they are displayed in the message area of the panel, as displayed in the image above. In this example, an upper buy limit order based on Price is defined for both wallets TEST and TEST2. A lower buy limit order based on MC is also defined for wallet TEST2.
For every added buy limit order, you will see a "⚙️ Config [X]" button towards the end of the panel where X represents the numbering of this buy limit. For example, if we click on "⚙️ Config [X]", we will be redirected to the configuration menu displayed below:
As displayed above, the configuration menu will list the buy limit impacted, the associated wallet, and will provide you with the ability to edit the Trigger, Amount and Duration of the limit. If you want to delete this buy limit order, simply click on "❌ Delete".
