Trade Monitor
How the bot functions after a buy has been made.
Last updated
How the bot functions after a buy has been made.
Last updated
Trade Monitor is a powerful tool which allows you to monitor the status of your portfolio in real time while capitalizing on market dips and fluctuations by setting automated sell and buy limit orders to manage your assets effortlessly. Furthermore, the Trade Monitor allows you to manually buy and sell from multiple wallets simultaneously while automatically updating your position for each wallet. On BSC and Ethereum, the Trade Monitor can also protect your investments by detecting rug attempts. In these cases, the bot will automatically attempt to sell your assets before the rug transaction goes through, effectively protecting you from losing most of your investment (Anti Rug functionality).
The following image shows the Trade Monitor in action. We’ll use $Catchy for demonstration purposes.
Trade Monitors are automatically spawned in the following cases:
An automated or manual buy is triggered through the bot. In this case, the bot will automatically spawn a Trade Monitor that summarizes your position of the token for all your connected wallets with a positive balance of this token.
We’ll break the above image down in two parts. We will first explain the message above the buttons:
First Row:
🪙 Token Name - Name of the token being tracked in this Trade Monitor.
⏱ Time Left - Trade Monitors will remain active for 36 hours (96 hours for ⭐️ Premium users). This is reflecting how much of the 96 hours is left. You can always refresh the counter to start over as we explain below. Once a monitor expires, the Trade Monitor for this token becomes "disabled" and will eventually be automatically removed from the Trade Monitor. However, this will have no impact on your positions for this token, or on any limit orders that you have set. You can bring the token back to the monitor by tracking the token again from the corresponding Token Report.
🌟 Referral - Includes your quick-buy referral link for the token. Referrals are detailed in Section X.
Following the first row, the Trade Monitor will display a summary of the position for each wallet with a positive balance of the token:
💳 Wallet Name - Name of the wallet with a positive balance of the token.
🚀 Profit/Loss - Profit or Loss percentage of the trade after sell tax and while considering the price impact of your sell. In other terms, this is computing the percentage of change between the Initial and Payout. Here, Initial shows the total amount you spent to purchase the token on using that wallet, while Payout reflects how much BNB/ETH/AVAX/S/TRX/TON/SOL you will receive when you sell these tokens. Cliking on the P/L value will generate the PnL Card for this wallet's current position. You will also have the ability to further customize the generated PnL Card by excluding or adding the trade duration and/or the invested amount. The following image represnets a PnL Card generated by a Maestro user:
💸 PI: The effect of your sell on the chart for this wallet.
Initial: This value will reflect how much you've spent to buy the token for this wallet.
Payout - How much BNB/ETH/AVAX/S/TRX/TON/SOL you will receive when you sell the tokens in this wallet. This factors in both taxes and price impact, and can be written as:
Tokens - This reflects the wallet’s token holdings as a percentage of the token's total supply.
Worth - This reflects the current value of your wallet's total holdings of the token in the chain's native coin. It does not account for sell taxes nor price impact.
Limit Orders - This displays a summary of the total number of sell and buy limit orders currently active on this wallet for this token. For example, in the Trade Monitor shown at the beginning of this page, Wallet1 has 3 sell limit orders (1 Take Profit and 2 Stop Losses) and 1 buy limit order for the token $Catchy. You can check, edit and add buy and sell limit orders for any token from the Token Report, Trade Monitor or the Active Orders tab. This will be detailed in Section X.
💵 Price | MC - Current price and market cap of the token.
⚖️ Taxes - This shows the contract’s buy, sell and transfer taxes
Towards the end of every monitor, the Other Trades section displays a summary of all the remaining active monitors that you currently have. For each monitor, this summary shows the token name, the first 3 characters of the token's contract address, the P/L of the wallet with the highest token balance in that monitor, and the amount of time remaining before the monitor expires.
It is important to note that Initial is only updated for buys made through Maestro. In other terms, if you buy or sell this token outside of Maestro, your Initial won't be updated accordingly. However, as mentioned above, Tokens, Payout and Worth will always be computed based on your wallet's balance of this token. This implies that trading the token outside of Maestro will cause your Initial to be mismatched with Tokens, Payout and Worth, and that essentially means that the P/L displayed for that wallet is inconsistent. In these cases, the monitor will display the alert "⚠️ Initial Outdated ⚠️" for that wallet as shown in the image below:
To fix this mismatch, you will need to reset your position for this token and for that particular wallet. To do so, click on the alert and the bot will ask you to confirm whether you want to reset the tken's position for this wallet or not, as shown in the image below:
If you select "Yes", the bot will then proceed to reset your position by setting your Initial and Worth to the same value, and that's the current worth of your tokens in the chain's native coin. In other terms, the bot will assume that you just bought the tokens in that wallet's balance, and the alert will no longer appear on the Trade Monitor for that token and wallet.
The information displayed in a Trade Monitor will get updated (the message will edit itself) whenever you refresh the Trade Monitor. This can be done by clicking on the Refresh button.
The Trade Monitor updates automatically when there's a considerable price change, but you can always manually force an update by clicking on the button "🔃". This will also reset the timer on your Trade Monitor back to 36 hours (96 hours for ⭐ Premium users).
Some closing words:
Trade Monitors will remain active for 36 hours (96 hours for ⭐️Premium users). During this time, you could refresh the monitor by clicking on the button "🔃" to reset the timer back to 36 or 96 hours. Once the allocated time is over, the Trade Monitor becomes disabled. You do NOT need to clear disabled trades manually, as the bot will handle that automatically. An inactive or disabled Trade Monitor cannot benefit from Anti Rug as this functionalities require the monitor to be active. However, sell and buy limit orders would not be impacted in this case as these don't require an active monitor ton function.
You can only have 8 active trades in your Trade Monitor (30 concurrent trades for ⭐️ Premium users). After you reach the maximum number of active trades, any additional purchases will not be tracked in the Trade Monitor.
Trade Monitors are not available on Metis.
You click on "" in the Token Report. This will spawn a Trade Monitor that summarizes your position of the token for all your connected wallets with a positive balance of this token. This will be the case whether the tokens were acquired through the bot or externally. If the tokens were acquired externally and a position for this token doesn't exist in the bot for a given wallet, the bot will then automatically create a position for this wallet by assuming that you just bought the token. In other terms, for this specific wallet, your Initial and Worth would both have the same value, and that's the current worth of your tokens in the chain's native coin. The Trade Monitor will also provide some insights on the tracked token such as the price and market cap. In case none of your connected wallets has a positive balance of the token, "Track" won't spawn a Trade Monitor as only tokens with at least one wallet with a positive balance can be added to the Trade Monitor.
For BSC and Ethereum, if Anti Rug is enabled in your , all spawned Trade Monitors will have Anti Rug enabled by default. You could also manually enable or disable Anti Rug directly through each Trade Monitor.
You can control the default view of your Trade Monitors through the . There are three possible views for the Trade Monitor: 🔄 Brief, 🔄 Detailed and 🔄 Extended. As the name suggests, the 🔄 Detailed view provides additional details on your position compared to the 🔄 Brief view. The 🔄 Extended view is similar to 🔄 Detailed view with the only exception that the summary of positions in the Trade Monitor is displayed in a non-collapsible quote. For the 🔄 Brief and 🔄 Detailed views, this summary is normally displayed in a collapsible-quote that can be extended and minimized at will.
